{"id":9012,"date":"2011-12-10T22:12:00","date_gmt":"2011-12-11T04:12:00","guid":{"rendered":"http:\/\/ishmaels.net\/blog\/?p=9012"},"modified":"2011-12-10T22:12:00","modified_gmt":"2011-12-11T04:12:00","slug":"global-oil-production","status":"publish","type":"post","link":"https:\/\/www.ishmaels.net\/blog\/2011\/12\/10\/global-oil-production\/","title":{"rendered":"Global Oil production"},"content":{"rendered":"<p><strong class='StrictlyAutoTagBold'>Pulled<\/strong> this from the <a href=\"http:\/\/gregor.us\/oil\/the-end-of-growth-in-the-united-states\/?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+Gregorus+%28Gregor.us%29\">Gregor.Us blog<\/a>.&#160; He does a <strong class='StrictlyAutoTagBold'>good job<\/strong> of tracking the oil <strong>production<\/strong>, and prices and visiting the <strong>economy<\/strong> associated.&#160; <\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/gregor.us\/wp-content\/uploads\/2011\/12\/Global-Average-Annual-Crude-Oil-Production-2001-2011.png?w=640\" \/><\/p>\n<p>&#160;<\/p>\n<p>As he said, for 6 years now the predicting <strong>people<\/strong> have said that the <strong>price<\/strong> of oil will come down.&#160; I wonder when that is <strong>going<\/strong> to happen? <\/p>\n<p>I would <strong class='StrictlyAutoTagBold'>guess<\/strong> if we lapse into a total world recession that it might force the <strong>price<\/strong> down, but if we stay in an average no growth no \u201cfall off the cliff\u201d then it is <strong>going<\/strong> to stay where it is, even if this <strong>price<\/strong> is a burden to much of the \u201cdeveloped\u201d countries, I think it is a <strong>time<\/strong> to <strong>figure<\/strong> out we are <strong>going<\/strong> to live with higher prices\u2026&#160; For every few 100K the <strong>US<\/strong> <strong>doesn<\/strong>\u2019t use some developing <strong>country<\/strong> will.&#160; They all can\u2019t continue to live with out power and the worlds power is hydrocarbon based with no economical alternatives at present.&#160; Yes we are putting in more <strong>wind<\/strong>, solar, etc\u2026 but with out <strong class='StrictlyAutoTagBold'>government<\/strong> subsidies they are not economical compared to <strong class='StrictlyAutoTagBold'>Natural Gas<\/strong> and oil based energy.&#160; When they get cheaper or oil gets higher it will swap over to other energy forms but no <strong>matter<\/strong> what we all want to think the <strong class='StrictlyAutoTagBold'>whole<\/strong> <strong>thing<\/strong> is based on <strong>ECONOMICS<\/strong>.&#160; \u2013 WD0AJG<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pulled this from the Gregor.Us blog.&#160; He does a good job of tracking the oil production, and prices and visiting the economy associated.&#160; <\/p>\n<\/p>\n<p>&#160;<\/p>\n<p>As he said, for 6 years now the predicting people have said that the price of oil will come down.&#160; I wonder when that is going to happen? <\/p>\n<p>I would guess if we lapse into a total world recession that it might force the price down, but if we stay in an average no growth no \u201cfall off the cliff\u201d then it is going to stay where it is, even if this price is a burden to much of the \u201cdeveloped\u201d countries, I think it is a time to figure out we are going to live with higher <\/p>\n<p><a href=\"https:\/\/www.ishmaels.net\/blog\/2011\/12\/10\/global-oil-production\/\">&#8220;And Now the Rest of the Story &#8211; &#8220;Global Oil production<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[13],"class_list":["post-9012","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-bbs","odd"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Global Oil production - And That was How it Went<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ishmaels.net\/blog\/2011\/12\/10\/global-oil-production\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global Oil production - And That was How it Went\" \/>\n<meta property=\"og:description\" content=\"Pulled this from the Gregor.Us blog.&#160; He does a good job of tracking the oil production, and prices and visiting the economy associated.&#160;  &#160; As he said, for 6 years now the predicting people have said that the price of oil will come down.&#160; I wonder when that is going to happen? 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Posted Oct 28, 2014. Oil is now as abundant as oxygen. The world is drowning in the stuff. Oil supplies are far outstripping demand. And unloading a barrel of crude is like trying to sell sand in\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"oilprice0908","src":"https:\/\/i0.wp.com\/ishmaels.net\/blog\/wp-content\/uploads\/2014\/10\/oilprice0908_thumb.gif?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/ishmaels.net\/blog\/wp-content\/uploads\/2014\/10\/oilprice0908_thumb.gif?resize=350%2C200 1x, https:\/\/i0.wp.com\/ishmaels.net\/blog\/wp-content\/uploads\/2014\/10\/oilprice0908_thumb.gif?resize=525%2C300 1.5x, https:\/\/i0.wp.com\/ishmaels.net\/blog\/wp-content\/uploads\/2014\/10\/oilprice0908_thumb.gif?resize=700%2C400 2x"},"classes":[]},{"id":11604,"url":"https:\/\/www.ishmaels.net\/blog\/2012\/04\/30\/hitting-the-peaks-maybe\/","url_meta":{"origin":9012,"position":3},"title":"Hitting the PEAKS?  Maybe?","author":"wd0ajg","date":"April 30, 2012","format":false,"excerpt":"Picked this up from ZeroHedge blog. The comments on this run from OK to way out there. \u00a0I do not agree on the peak oil chart that production will drop as fast as the chart indicates... I feel it may be more of a stable production level for several years\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12163,"url":"https:\/\/www.ishmaels.net\/blog\/2012\/05\/25\/the-cruel-math-of-the-marginal-barrel\/","url_meta":{"origin":9012,"position":4},"title":"The Cruel Math of the Marginal Barrel","author":"wd0ajg","date":"May 25, 2012","format":false,"excerpt":"Long but good read about oil production and price. Who really has the power of pricing? There\u2019s been a lot of excitement in the past year over the rise of North American oil production and the promise of increased oil production across the whole of the Americas in the years\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"1-OPEC-Crude-Oil-Production 2005-2012","src":"https:\/\/i0.wp.com\/ishmaels.net\/blog\/wp-content\/uploads\/2012\/05\/1-OPEC-Crude-Oil-Production-2005-2012.png?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/ishmaels.net\/blog\/wp-content\/uploads\/2012\/05\/1-OPEC-Crude-Oil-Production-2005-2012.png?resize=350%2C200 1x, https:\/\/i0.wp.com\/ishmaels.net\/blog\/wp-content\/uploads\/2012\/05\/1-OPEC-Crude-Oil-Production-2005-2012.png?resize=525%2C300 1.5x"},"classes":[]},{"id":15502,"url":"https:\/\/www.ishmaels.net\/blog\/2014\/02\/27\/tweet-from-tweetcaster\/","url_meta":{"origin":9012,"position":5},"title":"Tweet from TweetCaster","author":"wd0ajg","date":"February 27, 2014","format":false,"excerpt":"@themotleyfool: It's great that the U.S. is producing more oil, but don't assume that means we're the next Saudi Arabia. http:\/\/t.co\/2fL8243d6T Shared via TweetCaster As a followup to that re-tweet... I had another article that came in and all those people that are looking for Oil to taper back off\u2026","rel":"","context":"In \"BBS\"","block_context":{"text":"BBS","link":"https:\/\/www.ishmaels.net\/blog\/tag\/bbs\/"},"img":{"alt_text":"production1","src":"https:\/\/i0.wp.com\/ishmaels.net\/blog\/wp-content\/uploads\/2014\/02\/production1.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/ishmaels.net\/blog\/wp-content\/uploads\/2014\/02\/production1.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/ishmaels.net\/blog\/wp-content\/uploads\/2014\/02\/production1.jpg?resize=525%2C300 1.5x, https:\/\/i0.wp.com\/ishmaels.net\/blog\/wp-content\/uploads\/2014\/02\/production1.jpg?resize=700%2C400 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/posts\/9012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/comments?post=9012"}],"version-history":[{"count":0,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/posts\/9012\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/media?parent=9012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/categories?post=9012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ishmaels.net\/blog\/wp-json\/wp\/v2\/tags?post=9012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}