Financial Sense Newshour with Jim Puplava

Roger D. Blanchard

Author, Chemistry Instructor at Lake Superior State University


The Future of Global Oil Production

February 3, 2007

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The Future of Global Oil Production As the demand for oil and natural gas continues to increase, accurate forecasting of future production capabilities becomes increasingly important-and remains disturbingly out of reach. Though oil reserve data are published in such industry publications as Oil & Gas Journal and World Oil, these data come from government information that is often woefully incomplete, hopelessly optimistic, or simply outdated. Complicating the picture is the fact that different countries define "oil reserves" in different ways.

This work brings data together in a coherent study of the future of global oil production and its implications. An examination of U.S. capacity is followed by a look at the production futures of each of the major oil-producing regions: Western Europe, Mexico and Canada, South and Central America, Asia, the Middle East, the former Soviet Union, and Africa. Alternatives to oil are also discussed. With world oil production projected to peak in approximately 2010 and natural gas production in 2020, this is a timely look at an increasingly vital global issue. Heavily illustrated with charts and tables.

Roger D. Blanchard is a chemistry instructor at Lake Superior State University. He lives in Sault Ste. Marie, Michigan.

contact information

Dr. Roger D. Blanchard
Department of Chemistry
Lake Superior State University
650 W. Easterday Ave.
Sault Ste. Marie, MI  49783
906-635-2267 Phone Email  |  Book Information

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