Peak Oil Watch

“Peak Oil” is the highest point on the oil production curve. After we reach “Peak Oil” (and we may have already reached it) it is a downward slope of oil production until we completely run out of oil. The world needs an alternative supply of energy, very soon, or we will face a downward spiral of economic troubles caused by an increasingly lower supply of oil until we reach worldwide economic collapse.

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2008-10-01 3:20

Cairn India revises output from Mangala oilfield – Myiris.com

Cairn India revises output from Mangala oilfield
Myiris.com, India -22 hours ago
While Mangala alone will contribute 125000 bpd of peak oil, Bhagyam is the second biggest field in the block and will produce 40000 bpd of oil, after 175000 …

More: continued here

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