- Description
- Matt Mushalik (MEAust, CPEng) Sydney
![http://www.abc.net.au/catalyst/oilcrunch/ http://www.youtube.com/watch?v=RaNz3qS5WAo This is a short summary of the essential statements. The International Energy Agency’s chief economist Fatih Birol “When we look at the oil markets the news […]](https://crudeoilpeak.info/wp-content/uploads/2011/04/Oil_crunch_logo-115x115.jpg "IEA oil crunch warning: governments should have worked on it 10 years ago"){kind=logo}
![Saudi Arabia’s crude oil production will not increase beyond an average level of 8.7 mb/d (average last 20 years: 8.3 mb/d) until 2015. This is what OPEC Governor Majed al […]](https://crudeoilpeak.info/wp-content/uploads/2011/04/3moneef_s-115x115.jpg "OPEC report: Saudi oil exports to decline")
![Australia imported a record 519 Kb/d of crude oil in the 12 months from March 2010 to February 2011, 50 Kbd/d or 11% higher than in the last boom period […]](https://crudeoilpeak.info/wp-content/uploads/2011/04/HS_Alcina_Kurnell_Port_Botany_Feb_20111-115x115.jpg "Australia’s crude oil imports on record high")
![In a benchmark scenario of its latest World Economic Outlook (April 2011) the International Monetary Fund (IMF) analyses what it calls oil scarcity (after “energy security” another code word for […]](https://crudeoilpeak.info/wp-content/uploads/2011/04/IMF-115x115.jpg "IMF warns of oil scarcity and a 60% oil price increase within a year")
![This is the second time in 2 ½ years that Ford is cutting jobs, just when oil prices spike. Ford to shed 240 local jobs, cut production as demand slumps […]](https://crudeoilpeak.info/wp-content/uploads/2011/04/Ford_Falcon_XT-115x96.jpg "Ford cuts jobs in Australia – more signs of peak oil")
![Peak oil works according to plan, sweeping through the system bit by bit. Closing refineries are to be expected as global crude oil export volumes are declining. First victims are […]](https://crudeoilpeak.info/wp-content/uploads/2011/04/clyde_industrial-115x115.jpg "Australia’s fuel import vulnerability increases as Sydney’s Clyde refinery is closing")
![Gaddafi forces have attacked and damaged a pumping station at Messlah, North of the Sarir field, in the South East of Libya, depriving Benghazi of oil revenue. A 1990 report […]](https://crudeoilpeak.info/wp-content/uploads/2011/04/Attack_oil_field_SouthEast_Libya-115x115.jpg "Libyans fight over oil field at depletion midpoint while African crude exports decline")
![While armed conflicts about OPEC’s remaining oil are spreading like cancer in MENA countries and an accumulated debt crisis triggers money printing which drives up oil prices sky high, the […]](https://crudeoilpeak.info/wp-content/uploads/2011/04/art_airport-420x0-115x115.jpg "Australia’s debating club on transport fantasies after global crude oil exports peaked 2005")
![This is a M2 construction work update for calendar week 5/2011. Contractors have started to build exit lanes for $200 oil just as 3 parties are now fighting for oil […]](https://crudeoilpeak.info/wp-content/uploads/2011/04/Exit_Lane-1024x768-115x115.jpg "Sydney’s RTA builds M2 exit lanes for $200 oil")
![What started as an uprising against Gaddafi has turned into a quagmire including NATO intervention in which oil plays a dominant role. The outcome is uncertain and it is not […]](https://crudeoilpeak.info/wp-content/uploads/2011/03/Libya_Refinery5-115x115.jpg "Libya: yet another (peak) oil war")
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