[Peakoil] News items on peak oil

[Antony Barry]

Begin forwarded message:

>
> Date: 2 January 2006 6:18:47 AM

>
>
> Business finance news - currency market news - online UK currency  
> markets - financial news - Interactive Investor
>
> PARIS (AFX) - Saudi Arabia has the capacity to sharply increase its  
> oil production between now and 2030 to 18.2 mln barrels per day  
> from 10.5 mln currently, said William Ramsay, deputy executive  
> director of the International Energy Agency, citing what he called  
> relatively reliable sources of data.
> Ramsay said that Saudi oil reserves are sufficiently large to reach  
> this level within this timespan, even if the reserves were  
> overestimated by 30 pct and even if there is a sharp rise in  
> production costs.
> Ramsay forecast that the debate on "peak oil" (the expected decline  
> in oil production due to the...
>
> <http://www.iii.co.uk/news/? 
> type=afxnews&articleid=5466230&format=reformatted&subject=markets&acti 
> on=article>
>
>

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