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Behind the record oil prices
As we contemplate declining stocks and record oil prices, here is an informative audio of an interview with Jeffrey Brown, who goes by westexas on The Oil Drum blog. Westexas and khebab developed the Export Land Model, predicting how much oil exporting countries would limit exports in the face of declining production.
The Reality Report interviews Jeffrey J. Brown, an oil exploration
geoscientist, primarily in Texas. We discuss the rapid rise in the
price of oil, how this is being covered by media, political reactions,
and the need to transform from an economy of mass global consumers to
one of local producers. Jeff Brown’s website is: http://graphoilogy.blogspot.com/
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