{"id":14620,"date":"2015-11-21T09:43:20","date_gmt":"2015-11-21T14:43:20","guid":{"rendered":"http:\/\/olduvai.ca\/?p=14620"},"modified":"2015-11-21T09:43:20","modified_gmt":"2015-11-21T14:43:20","slug":"the-case-for-peak-oil","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=14620","title":{"rendered":"The Case For Peak Oil"},"content":{"rendered":"<header>\n<h3 class=\"entry-title\"><a href=\"http:\/\/peakoilbarrel.com\/the-case-for-peak-oil\/\" target=\"_blank\">The Case For Peak Oil<\/a><\/h3>\n<div class=\"entry-meta\">All charts below were created with data from JODI, the EIA and OPEC MOMR. It is in thousand barrels per day and the last data point is September 2015.<\/div>\n<\/header>\n<div class=\"entry-content\">\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/11\/JODI-World-C-C.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10232\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/11\/JODI-World-C-C.jpg\" alt=\"JODI World C+C\" width=\"713\" height=\"414\" \/><\/a><\/p>\n<p>World crude oil production has taken off during the last two years due primarily to US shale oil production and higher output from OPEC. However very high oil prices has enabled many other countries to increase drilling rigs and production.<\/p>\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/11\/JODI-Non-OPEC.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10234\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/11\/JODI-Non-OPEC.jpg\" alt=\"JODI Non-OPEC\" width=\"716\" height=\"415\" \/><\/a><\/p>\n<p>Low oil prices are having an effect on Non-OPEC oil production though not nearly as much as a lot of people thought they would, and not nearly as soon either.<\/p>\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/11\/Big-5.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10230\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/11\/Big-5.jpg\" alt=\"Big 5\" width=\"679\" height=\"430\" \/><\/a><\/p>\n<p>Five nations, Saudi Arabia, Iraq, Russia, USA and Canada, have been responsible for way more than 100 percent of the increase in oil production in the last decade.<\/p>\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/11\/World-Less-Big-Five.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10231\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/11\/World-Less-Big-Five.jpg\" alt=\"World Less Big Five\" width=\"694\" height=\"428\" \/><\/a><\/p>\n<p>The world less the five nations charted above is down 5,000,000 barrels per day since 2005. This decline is despite the fact that oil prices, during much of that time, has been above $100 a barrel.<\/p>\n<p>A look at the Non-OPEC segment of this group.<\/p>\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/11\/Russia-USA-and-Canada.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10236\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/11\/Russia-USA-and-Canada.jpg\" alt=\"Russia, USA and Canada\" width=\"722\" height=\"428\" \/><\/a><\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Case For Peak Oil All charts below were created with data from JODI, the EIA and OPEC MOMR. It is in thousand barrels per day and the last data point is September 2015. World crude oil production has taken off during the last two years due primarily to US shale oil production and higher [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[185,251,9233,1651,595,600,617,6245,6074,1427],"class_list":["post-14620","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-crude-oil-production","tag-eia","tag-jodi","tag-non-opec","tag-oil-production","tag-opec","tag-peak-oil","tag-peak-oil-barrel","tag-ron-patterson","tag-supply-and-demand"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/14620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14620"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/14620\/revisions"}],"predecessor-version":[{"id":14621,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/14620\/revisions\/14621"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}