oil, nat gas export graphs

[mooncliff]

Lots of interesting graphs of export, production, domestic consumption.

http://peakoil.com/production/curren...il-production/

See the post at bottom by westexas. If true, yikes!

[don]

Re: oil, nat gas export graphs

Like the Nosferatu legend, it's lurking in the shadows. So few lack the imagination to grasp the implications .....

[Shakespear]

Re: oil, nat gas export graphs

This is a non issue at the moment but it will come back with a vengeance. I have no doubt about it.

The only thing that will keep it down is a prolong economic slow down, which certainly looks to be highly likely.

[c1ue]

Re: oil, nat gas export graphs

I'm not sure what so exciting - it is no secret that the oil producers themselves are greatly increasing their energy use. After all, it is relatively cheap for internal consumption.

As for implications for the future - it has been noted before (EJ?) that the economic result will hinge on 5 families using 1 barrel of oil to make a living via riding a 2-stroke scooter vs. the soccer mom in the Expedition, or the export surplus nation subsidizing oil vs. the trade deficit nation with a reserve currency going off reserve status.