If this isn't peak oil, then what is?

http://finance.yahoo.com/q/mb?s=cwei

If this isn't peak oil, then what is it
by: COOLREIT 01/30/06 01:10 pm

>From XOM report:

On an oil-equivalent basis, production decreased 3.6% from last year.
Excluding the impact of hurricanes Katrina and Rita, as well as divestment
and entitlement effects, production decreased by 1%.

>From CVX report:

Net oil-equivalent production of 717,000 barrels per day declined 7,000
barrels per day, or 1 percent, from the 2004 quarter. Production additions
in 2005 from the properties acquired from Unocal were more than offset by
the effects of hurricanes and normal field declines.

>From COP report:

Production in the fourth quarter of 2005 was relatively flat compared to the
fourth quarter of 2004.

>From BP 1/11/06 trading report:

Overall BP production in 4Q'05 is expected to be around 4,010 mboed.

Excluding volumes from TNK-BP operations, production in 4Q'05 is expected to
be around 2,990 mboed. Production in 4Q'05 is expected to be higher than 3Q'
05, reflecting continued growth in the new profit centres and the completion
of the planned maintenance season (primarily in the North Sea), partially
offset by the impact of Hurricanes Katrina and Rita (around 160 mboed in 4Q'
05 vs. 135 mboed in 3Q'05).

BP's net share of production from TNK-BP is anticipated to be approximately
1,020 mboed. The contribution of TNK-BP to BP's financial results is
expected to be negatively impacted in 4Q'05 relative to 3Q'05 due to the
lagged calculation of export duties in a declining market, largely offset by
an expected gain on divestments.

>From BP 1/12/05 trading report:

Overall BP production in 4Q'04 is expected to be around 4,090mboed, up by
some 4% from 3,936mboed in 4Q'03, and over 4% higher than 3Q'04 production
of 3,906mboed. Average production for 2004 as a whole is expected to be
around 3,995mboed, an increase of more than 10% compared to 2003.
Excluding Russia:
Production in 4Q'04, excluding volumes from our Russian operations, is
expected to be approximately 3,125mboed, over 5% higher than the 3Q'04 level
of 2,961mboed due to the continuing ramp-up of production in New Profit
Centres (60mboed) and the end of the turnaround season in Alaska and the
North Sea (120mboed). During the quarter we achieved first production from
the Holstein field in the Deepwater Gulf of Mexico. The operational impacts
on production from Hurricane Ivan in the Gulf of Mexico and the blow-out in
Temsah in Egypt are expected to be around 80mboed during the fourth quarter.

>From Repsol report last week:

http://us.ft.com/ftsuperpage/superpage.php?news_id=fto012620061904314990&ref
erre r_id=yahoofinance

Kuwait news:

http://www.energybulletin.net/10878.html





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