re: #73 freetoken
Glad you brought this up, because I wondered what your thoughts would be on this:
US oil production ‘to jump by a quarter by 2014’
US oil production will jump by a quarter by 2014 to its highest level in 26 years, figures suggest.
…
“Total oil production is about to rise,” Fatih Birol, chief economist at the IEA, told the BBC.“We estimate total oil production to reach about 100 million barrels a day, about 20 million higher than today.
“This growth comes from unconventional [shale] oil.”
The discovery of shale oil means global oil production will not peak in the next 20 years, Mr Birol added.
Of course I get the feeling a whole pile of stuff was left out, but I can’t fisk these kinds of things like you can.