Ep102: Peak Oil (Part 1.2)

Posted by admin on March 21st, 2010 and filed under world oil production | 4 Comments »

Are we running out? Marko’s take on world oil production and reserves. Part 1 of 2.

Duration : 0:4:41

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Meyer Says Iraq Oil Production Will Affect OPEC Quotas

Posted by admin on March 18th, 2010 and filed under oil production | No Comments »

March 17 (Bloomberg) — Cornelia Meyer, an independent oil analyst, talks about increased Iraqi oil production coming on stream and its effect on OPEC quotas.
Meyer also discusses the outlook for oil prices. She speaks with Bloomberg’s Francine Lacqua at the meeting of the Organization of Petroleum Exporting Countries in Vienna.

Duration : 0:2:25

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Ep103: Peak Oil (Part 2)

Posted by admin on March 9th, 2010 and filed under oil production peak | 3 Comments »

Are we running out? Marko’s take on world oil production and reserves. Part 2 of 2.

Duration : 0:4:16

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re Top 10 Muslim Powers Turkey is 4th largest army of the world and Nato 2th after USA

Posted by admin on March 6th, 2010 and filed under total oil production | 8 Comments »

PERSONNEL
Total Population: 71,892,808 [2008]
Population Available: 39,645,893 [2008]
Fit for Military Service: 33,444,999 [2008]
Reaching Military Age Annually: 1,298,979 [2008]
Active Military Personnel: 514,000 [2008]
Active Military Reserve: 380,000 [2008]
Active Paramilitary Units: 148,700 [2008]

ARMY
Total Land-Based Weapons: 6,672
Tanks: 4,205 [2007]
Armored Personnel Carriers: 830 [2007]
Towed Artillery: 685 [2007]
Self-Propelled Guns: 868 [2007]
Multiple Rocket Launch Systems: 84 [2007]
Mortars: 5,813 [2007]
Anti-Tank Guided Weapons: 1,283 [2007]
Anti-Aircraft Weapons: 1,664 [2007]

NAVY
Total Navy Ships: 182
Merchant Marine Strength: 602 [2008]
Major Ports and Harbors: 6
Aircraft Carriers: 0 [2008]
Destroyers: 0 [2008]
Submarines: 13 [2007]
Frigates: 24 [2007]
Patrol & Coastal Craft: 28 [2007]
Mine Warfare Craft: 24 [2007]
Amphibious Craft: 8 [2007]

AIR FORCE
Total Aircraft: 1,199 [2007]
Helicopters: 336 [2007]
Serviceable Airports: 117 [2007]

FINANCES (USD)
Defense Budget: $30,936,000,000 [2009]
Foreign Exch. & Gold: $76,510,000,000 [2007]
Purchasing Power: $853,900,000,000 [2007]

OIL
Oil Production: 45,460 bbl/day [2005]
Oil Consumption: 660,800 bbl/day [2005]
Proven Oil Reserves: 300,000,000 bbl [2006]

LOGISTICAL
Labor Force: 23,530,000 [2007]
Roadways: 426,906 km
Railways: 8,697 km

GEOGRAPHIC
Waterways: 1,200 km
Coastline: 7,200 km
Square Land Area: 780,580 km

Turkey is 4th largest army of the world and Nato 2th after USA

Duration : 0:5:9

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Crude oil falls more than $3

Posted by admin on February 23rd, 2010 and filed under crude oil production | 4 Comments »

The selloff came after the International Energy Agency lowered its estimate for worldwide oil demand. Also pushing down crude prices Tuesday: a key OPEC member left open the possibility that the oil cartel will increase output to curb rising prices. Anytime Saudi Arabia’s oil minister makes such a pronouncement, it has an immediate impact in the NYMEX trading pits. Jon Decker reports.

Duration : 0:2:0

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Opec Discusses Falling Oil Price – Picks Price Target

Posted by admin on January 21st, 2010 and filed under global oil production | No Comments »

OPEC ministers are meeting in Cairo to discuss the recent fall in oil price as Saudi Arabia identifies a price target per barrel of oil for the first time in years.

The Organization of Petroleum Exporting Countries (OPEC), which accounts for 40% of global oil production, cut output by 1.5 million barrels a day last month, but the move failed to stop prices from declining.

http://sharewave.org

Duration : 0:1:57

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Saudis Up Oil Production

Posted by admin on January 14th, 2010 and filed under oil production | 1 Comment »

Saudi Arabia has agreed to increase oil production by more than 200,000 barrels a day, but will it lower U.S. energy prices? Priya David reports.

Duration : 0:2:50

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Peak Oil – Production v Price FAIL, Saudi Arabia will increase production FAIL

Posted by admin on November 29th, 2009 and filed under peak oil production | 25 Comments »

One commenter suggested that world crude oil production was NOT an indicator for peak oil. The suggestion was that oil producers were holding back production to drive up price and that price was the driver behind production. But a graph of oil price v production does not offer us a correlation.

Another commenter suggested that Saudi Arabia had recently announced their intention to increase production even though price was low. Saudi Arabia has repeatedly indicated that it would increase production IF there was sufficient demand. In 2008 with prices at all-time highs, they did not increase production significantly and with oil prices again nearing $80 they are at a 5-year low in production.

The Saudis indicate that they will increase production to 14.5 Mbpd, but their peak production was 11.1 Mbpd in 2005. Every indication is that the only way to increase production is to sell sour oil.

OPEC has announced that they will increase production IF price goes over $100. I’m imagining that $100 will come and go without any significant increase in production.

Duration : 0:2:32

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Russia becomes world’s biggest oil producer – 09 Sept 09

Posted by admin on November 22nd, 2009 and filed under world oil production | 25 Comments »

For decades the world’s major oil producers have tried to control prices by cutting or raising supplies, which relied on all of them sticking to agreed quotas.

But unity amongst oil-rich nations appears to be crumbling. 

Now Russia has just overtaken Saudi Arabia as the world’s biggest producer and it’s done it by failing to keep its promise to slow down production.

Neave Barker reports from Moscow.

Duration : 0:2:31

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What Will Running Out of Oil Do To The World’s Economy?

Posted by admin on November 13th, 2009 and filed under world oil production | 6 Comments »

Hitting “peak oil” (and then riding it all the way down) is going to be the major event in our lives. It’s going to change everything about the way we do everything, and has the potential to completely decimate what we have come to know as “civilization”.

Duration : 0:8:16

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