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World Oil Production Forecast - Update May 2009

Todd Sullivan's - ValuePlays found this 5/20/2009 on theoildrum.com

World oil production peaked in July 2008 at 74.82 million barrels/day (mbd) and now has fallen to about 71 mbd. It is expected that oil production will decline slowly to about December 2010 as OPEC production increases while non-OPEC production decreases. After 2010 the resulting annual ...