Would you like to start a free subscription?
Remember me | Forgot password
For full content view: Log in Now!
Daniel Yergin once said, “This is not the first time we have run out of oil. It is more like the fifth.” But today’s speculation and discussions about “peak oil” and when (not if) we really will be unable to meet energy demand are no longer rejected out of hand by those of us who are bullish on future oil supply. In some ways, the actual reserve numbers are not as vital to our immediate concerns, as are the productive capacities of existing and developing fields.
Inevitably, some large blocks of oil or gas supplies will be removed from the market place, potentially with little or no warning. This can be due to natural disasters, political decisions or even terrorist actions. The fact that the remaining hydrocarbon producers have eight or 80 years of remaining reserves matters less in such cases than how much production can be increased in the near term.
This area of the site is restricted.
In order to gain access, please either Log
In, or subscribe to World Oil.
Two options are available to you for creating an account.
1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.
Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.
2. Purchase a subscription to World Oil magazine and gain immediate
and complete access to World Oil Online. As a Total Access subscriber
you will have access to all areas of the site available to registered users and
free subscribers as well as having access to such premium content areas as:
Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.
If you are already a paid subscriber and do not have access, please email CustomerService@worldoil.com.
World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.
Bucharest - April 28-30
Houston, TX - May 5-8
Savannah, GA - May 5-8
All material subject to strictly enforced copyright laws.
© 2014 World Oil. © 2014 Gulf Publishing Company.