As the demand for oil and natural gas continues to increase, accurate forecasting of future production capabilities becomes increasingly important - and remains disturbingly out of reach. Though oil reserve data are published in such industry publications as
Oil & Gas Journal
and
World Oil , these data come from government information that is often woefully incomplete, hopelessly optimistic, or simply outdated. Complicating the picture is the fact that different countries define
oil reserves
in different ways. This work brings data together in a coherent study of the future of global oil production and its implications. An examination of U.S. capacity is followed by a look at the production futures of each of the major oil-producing regions: Western Europe, Mexico and Canada, South and Central America, Asia, the Middle East, the former Soviet Union, and Africa. Alternatives to oil are also discussed. With world oil production projected to peak in approximately 2010 and natural gas production in 2020, this is a timely look at an increasingly vital global issue. Heavily illustrated with charts and tables.