Why the Public is Angry About Rising Oil Prices
U.S. Government Production Outlook Obscures Peak Oil Reality

As noted in yesterdays post about Exxon's view of Peak Oil the point was made that the public is misinformed not only by Exxon but also by the U.S. Government in regards to Peak Oil. The chart to the left is a perfect case in point of the U.S.Energy Department projecting 105.4 million barrels per day of production in the year 2015. This is going to be off by over 20 million barrels per day. The blue line representing Matthew Simmon's projections will be closer to reality in the year 2015.

The U.S. Government no doubt plays a role in giving the public a false sense of security in terms of unfettered oil supplies. Such misinformation as provided by the Energy Department is going to be a major source of public frustration as the public attempts to blame everyone and everything but Peak Oil for the rising prices at the pump. Such misinformation only "clouds" the reality of peak oil as depicted in the cartoon below.