X-Message-Number: 24551
From: "Mark Plus" <>
Subject: The oil "singularity" is near
Date: Mon, 23 Aug 2004 22:07:44 -0700

According to an article in the August 2004 issue of Petroleum Review, world 
oil depletion in 18 oil-extracting countries is now exceeding 1 million 
barrels a day, straining the ability of the remaining 32 countries with some 
oil growth capacity left to take up the slack:

Depletion now running at over 1mn b/d
http://www.odac-info.org/bulletin/documents/DepletionAnalysis.pdf

Mark Plus
Manage your risk, not your terror.

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