Wednesday, July 12, 2006

Peak Oil Quotes

Global oil [production] is 84 million barrels [a day]. I don't believe you can get it any more than 84 million barrels. . . . I think they are on decline in the biggest oil fields in the world today and I know what it's like once you turn the corner and start declining, it's a treadmill that you just can't keep up with."

T. Boone Pickens, legendary petroleum magnate who co-founded Mesa Petroleum and Petroleum Exploration, May, 2005

"We may be at a point of peak oil production. You may see $100 a barrel oil in the next two or three years."

Bill Clinton, former US President, March 28, 2006, London Business School

"The concept of peak oil has not been widely written about. But people are talking about it now. It deserves a careful look—largely because it is almost certainly correct."

New York Times, Editorial (online), March 1, 2006

"Oil production is in decline in 33 of the 48 largest oil producing countries, yet energy demand is increasing around the globe as economies grow and nations develop."


"...for the first time in my lifetime... I'm seeing an inability of the suppliers to keep up with demand."

Sam Bodman, US Energy Secretary, March 8, 2006 on $60/barrel oil.


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