World oil production so far in 2006 is on track for a 2.5 percent annual decline.
Net exports from the world's top 10 exporters are falling at an annualized 9 percent this year so far (production drops + increased domestic consumption.)
Canadian production (our main source of imports) down 10 percent this year.
North Sea production down 30 percent since peaking in 1999.
Supergiant Cantarell field in Mexico crashing. . .
Image above is of fuel storage depots in Port Elizabeth, South Africa
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