Colombia’s Agencia Nacional de Hidrocarburos finally awoke from its summer slumber (apparently in response to my bitchy tweet) and posted June oil & gas output on its website. As anyone watching the grim news from Colombia might have guessed, it’s not going so well. (Click for full-size graphic.)
You’d almost think that the FARC has decided, aww, screw it — we’re never going to topple capitalism, but by George, we can keep Colombia below a million barrels a day! Output has now been basically flat for a year.
Update, now that this screen isn’t being used to watch The Wall — I mean, the opening ceremonies of the 2012 Olympics: here’s the year-over-year chart of oil output and gas sales. Click for full size. You’ll see that this month’s numbers show Colombia’s first year-on-year oil output decline since, well, since this spreadsheet started in 2007, anyway. A long frickin time.
Obviously the FARC are trying to fark up investments, especially in oil. It looks to me like they are pushing against a river.
Setty's notebook 