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Global oil risks in the early 21st century

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Figure

Figure 1: Oil production stopped growing in 2004 while demand continued to increase. The result wasa global oil price spike that contributed to the subsequent economic contraction
Figure 2: Fuel shares of world total primary energy supply. The “other” category includes tidal, solarand wind generation
Figure 3: Global marginal cost of production 2008. Source: LCM Research based on Booz Allen/IEAdata (Morse, 2009).
Figure 4: Global annual new gross production (blue bars), annual decline (grey bars) and net new oilproduction capacity (thin green line)
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