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Wednesday, November 10, 2010

World Energy Outlook 2010 -- International Energy Agency

International Energy Agency has released its World Energy Outlook 2010.

When you get to that site, click on two links, just below the icon:
  • Key Graphs; and, 
  • Fact Sheets.
Each will take you to a PDF.

Take a look at the pdf for "world oil production by type" -- the seventh (7th) slide. Development of known oil fields is critical starting this year. In addition, natural gas is the obvious bridge to alternative energy sources twenty years from now.

The pdf fact sheets are very, very interesting. Even if you just read the first page, you will see that it is oil, coal, and natural gas in our investing lifetimes, regardless of where you are on your investment time line.

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