Thursday, October 30, 2008

The World Wil Struggle to Meet Oil Demand

The Financial Times has an article on oil production, per the recent IEA report. They got a hold of it before its release. In a nutshell, it says that oil production is down by 9.1%. This needs to be examined more closely, because if this is true, then we are looking at a MUCH faster energy slide than initially understood.

Note: the link to the Financial Times requires you to register, but it's a free account.

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