Revisiting Available Net Exports

It's always a good time to review Jeffrey Brown's work on Available Net Exports:

• "The Export Capacity Index"

• "Is it only a question of when the US once again becomes a net oil exporter?"

Wow. China's net oil imports exceeded America's only last autumn. Gap now more than 1.5m barrels per day. US = 5.33m b/d, China = 6.95m b/d

— Ed Crooks (@Ed_Crooks) February 12, 2014

“At the 2005 to 2012 rate of decline... in only 17 years China and India alone would theoretically consume 100% of global net exports of oil”

— Jeffrey J. Brown

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“My basic premise is that the net oil importing OECD countries are maintaining something resembling “Business As Usual” only because of huge and almost totally overlooked rates of depletion in post-2005 Global and Available Cumulative Net Exports of oil.”

— Jeffrey J. Brown