Thursday, March 4, 2010

Petrobras Envisions Peak Oil in 2010

http://www.peakoil.net/headline-news/petrobras-envisions-peak-in-2010

" Mr. Gabrielli, the CEO of Petrobras, gave a presentation in December 2009 in which he shows world oil capacity, including biofuels, peaking in 2010 due to oil capacity additions from new projects being unable to offset world oil decline rates. "

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