“We will only recognize Peak Oil in the rear-view mirror.” — So They say World liquids production from January 2004 to May 2009.

The May 2009 edition of Oilwatch Monthly can be downloaded at this weblink (PDF, 2.0 MB, 28 pp).1) Conventional crude production – Latest available figures from the Energy Information Administration (EIA) show that crude oil production including lease condensates increased by 306,000 b/d from January to February 2009, resulting in a total production of crude oil including lease condensates of 71.91 million barrels per day. The all time high production record of crude oil stands at 74.83 million b/d reached in July 2008.

Oilwatch Monthly May 2009

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