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US military warns oil output may dip causing massive shortages by 2015 | Business | The Guardian
“US military warns oil output may dip causing massive shortages by 2015
• Shortfall could reach 10m barrels a day, report says
• Cost of crude oil is predicted to top $100 a barrel” -
Washington considers a decline of world oil production as of 2011 – Oil Man – Blog LeMonde.fr
“Will investments in new and “unidentified” oil projects be able to compensate for the decline of the existing sources of supply, in order to fill in within less than 5 years (between now and 2015) the 10 Mbpd gap between demand and identified supplies that the DoE foresees ?
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