Iraq may one day produce if everything goes absolutely perfectly and iran behaves up to 12 million barrels of oil per day in about 10 years...
without new additions to supply the world is declining at about 3.3 million barrels per year and this figure is expected to accelerate....
there is a lot of oil left in the ground
peak oil is not about oil in the ground
peak oil is about energy flows... people really have a lot of trouble with this concept...
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