Based on oil data from EIA let's do a simple and conservative extrapolation to forecast on where Malaysia supply demand of oil would look like in the near future.
The outlook is HARDLY SURPRISING...TIME MIGHT NOT BE ON OUR SIDE AFTER ALL !
The year 2012 might be the turning point for the country to start paying expansive oil to sustain the country's development. That is the time when we have to rely on foreign oil more than our domestic reserve. Sadly, some countries go to WAR when the domestic oil production reached the peak level.
If you care about the future of our country, you can seriously take action by reducing your own oil consumption from NOW. A more proactive role is to switch to alternative energy: gas, solar, biofuel. Share this with your loved ones.....SDMALAYSIA thinks we are never too late to take serious action for the sake of our future generations.......
The year 2012 might be the turning point for the country to start paying expansive oil to sustain the country's development. That is the time when we have to rely on foreign oil more than our domestic reserve. Sadly, some countries go to WAR when the domestic oil production reached the peak level.
If you care about the future of our country, you can seriously take action by reducing your own oil consumption from NOW. A more proactive role is to switch to alternative energy: gas, solar, biofuel. Share this with your loved ones.....SDMALAYSIA thinks we are never too late to take serious action for the sake of our future generations.......
