Archive for the ‘Alternative Energy and Energy Crisis’ Category

The Future of World Oil Supply

Sunday, May 11th, 2008

 The Future of World Oil Supply – Filling the Missing Link
by dyergin
When will global oil supply stall and start to decline? An important part of the answer to this frequently asked question comes down to oil field decline rates – that is, the annual rate at which production from existing fields goes down. The decline rate is a key link in the chain of factors needed to understand the future of the world oil supply.