RESOURCE INSIGHTS: HOW CHANGING THE DEFINITION OF OIL HAS DECEIVED BOTH POLICYMAKERS AND THE PUBLIC

"People have been mistakenly given the impression that world oil production continues to grow. Not true! What's growing is a category called "total liquids" which encompasses oil, natural gas plant liquids, biofuels and some other minor fuels. Total liquids are growing only because of large gains in natural gas plant liquids and minor gains in biofuels ... The promise that high prices would bring on copious new supplies has proven to be nothing more than wishful thinking. The limitations on oil supplies are now upon us."

Ein Artikel von Kurt Cobb über den Unterschied von "All Liquids" zu Rohöl, die Rolle von Gaskondensaten und die Bemühungen der Ölindustrie gegenüber ihren Investoren, die Symptome des globalen Ölfördermaximums durch die Änderung der Definition von Erdöl zu verbergen. Erschienen auf Resource Insights (8. Juli 2012).