world oil production, Tag
The Organization of the Petroleum Exporting Countries (OPEC) will meet today June 8 in Vienna to talk about increasing oil production. Preliminary news reports are hinting at Kuwait and Saudi Arabia pushing for a 1.5 million...
The following is a guest post from Gregor Macdonald, adapted from his website Gregor.us.
The UK newspaper the Independent today is featuring an article titled Warning: Oil supplies are running out fast. The article is based on an interview with Fatih Birol, Chief Economist of the International Energy Association.
The above diagram shows that the pattern of growth in oil consumption has varied greatly for different groupings of countries. Oil consumption in China and India has continued to grow, whether or not oil prices rose greatly....
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