4.16.2006

Wholesale vs. Retail Gasoline Prices


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Place Explanation Here


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4.09.2006

Monthly Global Crude Oil Production 1995 - 2006



This chart is a recreation of the one that Stuart Staniford updates every month on The Oil Drum to track the occurrence of a peak or plateau in oil production. There is one major difference. I have included the data back to 1995, doubling the time frame covered. The production numbers are the revised numbers released by the EIA every month. I have also adopted a more horizontal layout, while Stuart's is compressed into a vertically-oriented shape. I am using a 13-month moving, centered average trendline.

4.01.2006

Saudi Production



One of the key questions regarding peak-oil is how much longer Saudi Arabia can continue to expand its spare capacity. The plan agreed to by Bush and Abdullah in the Spring of 2005 was that the Saudis would expand their production to 12 million barrels per day by 2008. I have interpreted this to mean the end of 2008. Daniel Yergin has stated that they are on track to meet this goal by "2009," in his latest article in the Times Online.

The chart above shows what I believe should be the quarterly goals in orange, an acceptable level of a quarter-million barrels per day in pink below this, and actual attained production in dark grey.

We should be able to tell from updates to this chart if we're in trouble or not.