Another Bump On The Plateau ?  

Posted by Big Gav in

Nate at The Oil Drum reports that January 2008 is the New World Record for Crude Oil (plus Condensate) Production.

The EIA’s newest International Petroleum Monthly shows World C+C production for January was 74,466,000 barrels per day, eclipsing the heretofore peak of May 2005 by 168,000 barrels per day. ... Despite the good news above, Russia's production plateau is looking more and more like a peak now.

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