Thursday, January 8, 2015

Oil production: US v Saudi Arabia?

An excellent talk by Dr. Vinod Khosla demystified and threw away expert forecasts on oil pricing in his keynote at TIECON 2011, see here on YouTube at time index 7:30.

With that in mind below is a forecast of oil production as presented in The World in 2015 by the Economist.  What do you think?

See other interesting "eye-catching statistical landmarks" in the complete article here.  Note that the article claims:

"The way people think about the world will undergo a radical change in 2015, as assumptions that have held steady for years are overturned."

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