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Puncak Minyak Malaysia

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A half truth is worse than a lie

NSTP - The net reason (oil).pdf
The net reason
Speaking over national television, Datuk Seri Najib Razak said that if the current consumption rate of fuel were allowed to go unchecked, Malaysia would become a net importer of oil by 2010.
The chairman of the Cabinet Committee on Fuel Prices said Malaysia was at present a small net exporter.
"The figure is only about 75,000 barrels a day. Our production is stagnant at 650,000 barrels a day. But our consumption is going up. So the gap is narrowing.....

The "real" reason
Our oil production is not stagnant, it's declining. This act of sugar-coating the truth denies the ability of the populous to correctly gauge a threat by allowing them a sense of unfounded safety. Soon we will see the kerbau(@ reindeer) in the headlight; but only when it's too late.

Malaysia's oil production has peaked it seemsRegister Yourselves @ Yahoo Groups

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