Donnerstag, Mai 29, 2008

Erdöl-Produzenten am Limit

It has been estimated that the global average decline rate is 4.5% per annum. [...] What this means is that every year the global oil industry must bring on stream 3.8 million barrels per day new production just to compensate for decline (4.5% of 85 mmbpd). If less than 3.8 million bpd are commissioned then global oil production will fall and vice versa.

Quelle: The Oil Drum | Why oil costs over $120 per barrel

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