[Peakoil] ASPO-USA Peak Oil Review 5 May

[Jenny Goldie]

ASPO-USA Peak Oil Review 5 May

http://us6.campaign-archive2.com/?u=e230969c7ec1dec75cc347eaf&id=3712384c85&e=b18a7a49b6

Worth noting from the report: 

 A striking energy fact from economist James Hamilton: U.S. production of oil from tight formations is up 3.5 million b/d since 2005, and yet total global field production of crude from all sources is only up 2.3 million. In other words, more than all of the increase worldwide over the last 8 years is attributable to US tight oil production. Without US tight oil, world oil production would be lower today than it was 8 years ago.