Clipmarks | Vietnam ClipsWorld Oil Reserves Fell for First Time in 10 Years, BP Saysclipped by: JICWyllieclippers remarks: The reserves may or may not be there. Everyone knows that the Saudi Arabias and the other Gulf States figures are as opaque as they are suspect. And that hundreds of thousands of square miles of the Canadian boreal forest will be turned into a wasteland if these "reserves" are ever to be tapped. What people forget is that the price of oil can never be higher than people can afford to pay which means it is bound to come down as people have to reign in their spending, making exploration and ecocide "uneconomic". Global proved oil reserves fell last year, the first drop since 1998, led by declines in Russia, Norway and China, according to BP Plc. Including Canadian oil sands deposits of 150.7 billion barrels, total global reserves stood at 1.409 trillion barrels, the review said. Saudi Arabia?s reserves, the world?s largest, stood at 264.1 billion barrels, little changed from 264.2 billion a year earlier, BP said. The Middle East as a whole holds 754.1 billion barrels, compared with 755 billion barrels last year. The world has enough reserves for 42 years at current production rates, BP said. ?Declines in Russia, Norway, China and other countries offset increases in Vietnam, India and Egypt,? BP said on its Web site. BP made an upward revision to 2007?s global oil reserves of 23.1 billion barrels, with the largest increases in OPEC members Venezuela and Angola. Für die Inhalte dieses Feeds ist alleine der jeweilige Autor/Anbieter verantwortlich. Die Inhalte stellen nicht die Meinung von EasyRSS dar. Dies ist eine automatisch generierte E-Mail. Bitte antworten Sie nicht auf diese E-Mail. Wenn Sie Feedback an EasyRSS senden wollen, nutzen Sie bitte das Feedback Forumlar. Wenn Sie sich von EasyRSS abmelden wollen, gehen Sie bitte auf den Menüpunkt "Meine Daten". Ihr EasyRSS Team http://www.easyrss.de |
2009/06/11
EasyRSS: Clipmarks | Vietnam Clips
