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Old 18th Feb 2018, 21:16
  #106 (permalink)  
Rated De
 
Join Date: Sep 2017
Location: Europe
Posts: 1,034
The IEA (International Energy Agency) agrees.

  • The world consumes 30 billion barrels of WTI crude a year.
  • The world discovered 550 million barrels per month.
  • The draw down on reserves was accelerated.
  • The 'replenishment rate reserves for Oil and Gas was 11%
  • Oil demand rises 1.3 million barrels per day.




This information is publicly available and accessible.


The smartest guys in the room would know this if half competent.





Qantas need a new fleet.
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