World Crude Oil Production - January 2010

A review of world crude oil production from a chart posted on The Oil Drum - Oil Watch Monthly April 2010.

Where are we on the peak oil curve? It appears that we are in a production plateau that begain in mid-2004. Demand was destroyed by the high oil prices of late 2008 and has since recovered, although at a higher price than it was in earlier stages of the plateau.

http://europe.theoildrum.com/node/6403

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• peak
• oil
• world
• crude
• production
• price
• demand
• destruction
• land
• off
• shore
• saudi
• drum

[misschazmonet]

any advice on what to do are where to go when the oil runs out?

[zthustra]

@misschazmonet

You have struck my Archille's heal! It is so much easier to see the problems than it is the solutions. The oil problem is systemic and worldwide, but your survival and mine is VERY local. I don't think we can respond collectively, worldwide, nationally or locally, without first getting past the monetary problems that are causing the fiscal problems that are preventing us from solving the social and economic problems ... then she swallowed the fly ... on my!

[zthustra]

@misschazmonet

For a while I was in a state of dispair as I leanred more about the problem. The things that most people think are going to save us, like electric cars and wind power and Tesla's endless energy device kept hidden in a CIA warehouse next to the Ark of the Covenant are NOT going to save us.

Social and economic change are inevitable as we scale down. Technology improvement will help first world countries mitigate the pain.

See Chis Martenson.

[TIKIMAN198]

Oh the content of the video is quite good. I just felt like being a smartass.

[zthustra]

@TIKIMAN198

It's a tough job being a smartass, but someone has to do it!

Thanks for viewing and commenting.

[TIKIMAN198]

Destriction??? Do you know how to spell check?

[zthustra]

@TIKIMAN198

I've been wondering how long it would take some clever person to ignore the point of the video and point out the spelling error on my graphic. No, the graphic software I used didn't have spell check on it and I didn't notice there error untilo after I published the movie so I wasn't willing to take it down and republish.

[Tirius9393]

Back in the 70's there was a peak oil scare, and people waited in lines for gas, but in turned out okay because it was only the US peaking, so we started importing from the middle east. Now its for real, and the government is too preoccupied in meetings with bankers to even be aware of peak oil.

On CIA.gov the world's oil production was about 87 ml/b while the consumption was 84 ml/b, which leaves only 3 ml/b until peak unless more well's are discovered.

[KrunchyJD]

It is good that oil demand dropped off. Why for example do people drive short distances, when they could walk, ride a bike? While transport is not the only use of oil, it is the biggest, we should get out of the mode, of guzzling oil.

[zthustra]

@cyberlord64

I think that is an awesome and correct point. Thumbs up!