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  • And even if you do not believe that oil is a finite resource, you can not argue with the figures for oil production from the UK. According to the DTI/BERR figures, the UK's annual production reached an all-time peak at 967 million barrels in 1999, and by 2006 it was down to 542.5 million barrels. 12 months to 1 September 2008 saw 521.9 million barrels.So oil production is down 46% in less than 9 year
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