- Description
- Matt Mushalik (MEAust, CPEng) Sydney
![As we read this IEA makes 60 million barrels of oil available to market to offset Libyan disruption 23/6/2011 The IEA estimates that the unrest in Libya had removed 132 […]](https://crudeoilpeak.info/wp-content/uploads/2011/06/Libya_oil_production_profile_1992_2040_RMiller-115x115.jpg "War overshadows peak oil in Libya")
![Summary According to a 2009 report by the Department of Energy & Climate Change the UK Labour government thought their policies on climate change were sufficient to mitigate the impact […]](https://crudeoilpeak.info/wp-content/uploads/2011/06/UK_crude_oil_production_1976_2010-115x115.jpg "UK government report in 2009 picked late peak oil scenario – and got it wrong")
![A meeting of oil ministers in Vienna broke up unexpectedly without an agreement to raise production. OPEC’s president said some members wanted three months to consider the issue. Iran, Venezuela […]](https://crudeoilpeak.info/wp-content/uploads/2011/06/OPEC_meeting_8_6_2011_break_down-115x115.jpg "A disunited OPEC can’t control upward trend of oil prices")
![The Iranian Deputy Oil Minister needs $150 bn in the next 5 years to stop rampant decline in maturing oil fields. If current production declines and consumption growth in Iran […]](https://crudeoilpeak.info/wp-content/uploads/2011/06/Tehran_traffic_jam-115x115.jpg "Iran needs $60 bn from foreign banks to stop 1 mb/d oil production drop by 2015. Anyone interested?")
![Only months after the referendum on the independence of South Sudan – where most of Sudan’s oil is found – the fight over oil between the North and the South […]](https://crudeoilpeak.info/wp-content/uploads/2011/05/World_Food_Program_assists_Abyei_Refugees-115x115.jpg "Sudan Nile blend in decline – why we should be concerned")
![If everything goes well, that is. Armed conflicts in oil producing countries, socio economic unrest and other unforeseen events impacting on oil supplies are not included in this estimate. The […]](https://crudeoilpeak.info/wp-content/uploads/2011/05/Comparison_WEO_2010_Aleklett_crude_oil-115x115.jpg "ASPO: 2020 crude oil production down by around 8 mb/d")
![In general terms, the allocation in the Federal Budget 2011 for road and rail is NOT a portfolio of projects which will increase the economy’s productivity in the use of […]](https://crudeoilpeak.info/wp-content/uploads/2011/05/Albury_Rail_Line-115x115.jpg "Australian 2011 budget allocation road/rail will not mitigate oil crunch")
![Only days after the ABC TV broadcasted an interview with IEA chief economist Fatih Birol who warned that peak oil happened in 2006 and that the world should have prepared […]](https://crudeoilpeak.info/wp-content/uploads/2011/05/M2_Foundation_work_Beecroft_Rd_bridge_7_May_2011-115x115.jpg "Sydney now beyond point of no return")
![This is a classical example of a negative feed back loop of peak oil. Armed conflicts about the 2nd half of oil reduce oil production more than oil-geology. In its April 2011 […]](https://crudeoilpeak.info/wp-content/uploads/2011/05/Libya_oil_field_pipeline_map_10_April_2011-115x115.jpg "Libya oil field battle lines")
![In a press release dated 28/4/2011 the Energy Information Administration of the US Department of Energy announced they will terminate updates to International Energy Statistics due to FY 2011 budget […]](https://crudeoilpeak.info/wp-content/uploads/2011/05/Houston_we_have_a_problem_bubbles-115x115.jpg "EIA terminates updates to International Energy Statistics")
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