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  1. CERA Sees Worldwide Oilfield Decline Rates Lower Than Consensus At 4.5%

    ...is new analysis provides the basis for more confidence about the future availability of oil.” He added that annual field decline rates were not increasing with time, and with anticipated new developments, “liquids capacity of around 91mn b/d in 2007 could climb to 112mn b/d by 2017. This outlook is...

    Volume: 51
    Issue: 04
    Published at Mon, 28 Jan 2008

  2. Bush Calls For Reduction In US Gasoline Consumption, Backs Renewables

    ...ports by the equivalent of three-quarters of all the oil we now import from the Middle East,” he said. President Bush said that alternative and renewable fuel use must be mandated to reach 35bn barrels by 2017 in order to achieve the gasoline consumption cut – a new objective five times the existing ta...

    Volume: 50
    Issue: 05
    Published at Mon, 29 Jan 2007