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Re: BP On Peek oil (LUKE Alert)
Yeah well, what makes you think I'm even concerned about Peak Oil anyway? Why? You think I'm droning on about it all the time? :rolleyes:
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Re: BP On Peek oil (LUKE Alert)
Hmmmm...............I wonder WHY they are bothering about a bit of "Cheap" Oil/Gas............don't they know its going to $12 a barrel?
http://www.bloomberg.com/apps/news?p..._74&refer=home
MikeComment
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Re: BP On Peek oil (LUKE Alert)
Well what would you expect from an oil company that professes to be all about "Beyond Petroleum", owns one of the biggest solar panel manufacturing firms in the USA, and has a "sunflower" as a corporate logo [which I still maintain they should mulch and recycle into ethanol or something]...Originally posted by Mega View Post
That's a million bbl gap in BPs revised outlook.
Supply Destruction writ large...;)"...In the longer term, oil market fundamentals will remain tight. He said supply from producers outside OPEC had consistently fallen below expectations. This year, non-OPEC supply was likely to decline by 200,000 bpd, reversing BP's expectations at the start of the year that producers outside of OPEC would increase output by 800,000 bpd..."
Comment
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