<p>An update is warranted to address comments from friends and followers - comments such as "Gee, I guess Peak Oil has been postponed?", or "I guess we don't have to worry about Peak Oil anymore!" Often they have a smile on their face ...</p>

<p>English summary: Total has agreed to present on my blog its scenario on world future oil production. No peak oil in sight according to Total, provided the industry puts on stream 45 Mb/d in the next 15 years. How can this tremendous task may be achieved ? Huge uncertainties remain in this unpublished scenario. </p>

<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/ODAC.thumbnail.JPG" alt="" title="" class="image image-thumbnail" width="100" height="45" /></span>Oil prices rose this week as geopolitical tensions trumped economic concerns.

<p>- Norway: A Political Risk Lesson For Oil (oil workers strike, prices rise)<br />
- Are Natural Gas Liquids as Good as Oil?<br />
- „Das ganze Land in Gebrauch nehmen“ - Norway plans to drill in the Arctic</p>
<p><a href="http://www.energybulletin.net/stories/2012-07-10/oil-wherever-we-can-find-it-july-10">read more</a></p>

<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/peakoil.thumbnail.jpeg" alt="" title="" class="image image-thumbnail" width="100" height="69" /></span>We don't see a peak for the year 2000, nor we see it for 2005. If the peak had been in 2000 or 2005, we should be already seeing a significant production decline.

<p><span class="inline inline-left"><img src="http://energybulletin.net/sites/default/files/images/megan_hauser-drilling-590x388.thumbnail.jpg" alt="" title="" class="image image-thumbnail" width="100" height="66" /></span>In the late 1800s northwestern Ohio was at the center of an oil boom as the state became the nation's largest crude producer.

<p>Deepwater oil production will help reduce the decline in world oil production from aging fields. The IEA claims that four Saudi Arabias need to be discovered up to 2030 to replace the present decline in production (about 5 %/a). The deepwater ultimate is likely to represent less than half of Saudi Arabia’s oil ultimate. It is not enough!</p>

<p>-The cost of new oil supply<br />
-Feeling peaky<br />
-Peak oil goes mainstream (again)<br />
-Peak Oil Off: Great Game On</p>
<p><a href="http://www.energybulletin.net/stories/2012-04-20/peak-oil-apr-20">read more</a></p>

<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/ODAC.thumbnail.JPG" alt="" title="" class="image image-thumbnail" width="100" height="45" /></span>Approval of hydraulic fracturing for gas in the UK moved a step closer this week as a DECC commissioned report on the seismic impact of drilling at Cuadrilla’s Lancashire operation advised minister

<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/ODAC.thumbnail.JPG" alt="" title="" class="image image-thumbnail" width="100" height="45" /></span>For the oil industry this was CERAweek.

<p>- Stop blaming oil speculators and start listening to them: A war with Iran would devastate the economy<br />
- We Can Live with a Nuclear Iran<br />
- Oil creeps toward top of Asia’s economic worry list<br />
- 10th ASPO-International Conference in Vienna May 30 - June 1<br />
- Ölreserven: Der "Doomsday" war gestern</p>

<p>-Gas: Climate Panacea or Industry Propaganda?<br />
-Estimates Clash for How Much Natural Gas in the United States<br />
-The Big Fracking Bubble: The Scam Behind the Gas Boom<br />
-Poland May Cut Shale Gas Estimates After Data From Wells<br />
-China claims world’s biggest shale gas reserves</p>
<p><a href="http://www.energybulletin.net/stories/2012-03-02/shale-gas-march-5">read more</a></p>

<p>- Global mining boom is leading to landgrab, says report<br />
- Do Environmentalists Have an Interest in Who Controls Oil Resources?<br />
- Deforestataion, agroecology and Brazil’s Landless Workers Movement</p>
<p><a href="http://www.energybulletin.net/stories/2012-03-03/whose-resources-march-3">read more</a></p>

<p>- Peter Tertzakian: Mr. Darcy’s earth shattering results<br />
- Four Scenarios For The Future Of Energy<br />
- Le pic de pétrole passé depuis 2005 ? Un expert (Jean Laherrère) nous répond<br />
- Flawed views on peak oil rear their ugly heads again

<p>- Peak Oil Scare Fades as Shale, Deepwater Wells Gush Crude<br />
- Oil, Food, Water: Is Everything Past Its Peak?<br />
- Fulsome Fossil Fuels And The 'Peak Oil' Myth<br />
- Peak Oil--No Longer the Right Question<br />
(Note: several of these articles actually concede most of the points made by peak oilers.)</p>