Christophe de Margerie, CEO of Total
“We are running the risk of another oil crisis when demand outstrips supply around 2014 or 2015. There won’t be enough oil and gas by the middle of the next decade.”
Well I see the glass as half full!
“[A world oil study of mine in 1990] attracted the interest of Petroconsultants, a company based in Geneva that was used by the international oil companies
This is an abridged version of Hess’ remarks from October 21 at the Oil & Money Conference. For the full version, see item #18 in the October 22
On September 23, Dave Bowden video-taped Colin Campbell at his home on the southwestern coast of Ireland. Excerpts of that interview are attached below: Question:
Portions of an interview filmed in London for the upcoming 2009 ASPO International Conference
WORLD OIL DEMAND I’m pretty sure she qualifies. She’s only getting about six months per new oil field. Ed Stein September 21, 2009 Ed
“We are running the risk of another oil crisis when demand outstrips supply around 2014 or 2015. There won’t be enough oil and gas by the middle of the next decade.”
Demand in the developing countries peaked in October 2008 at 46.33 million barrels per day and it is down by only 0.36 million barrels per day. I don’t know about you but I am amazed that the worst global