"Indonesia's BPMigas oil and gas regulator says that national fields are in decline."
The country is struggling to keep production flat to avoid a major decline in output. Over time the former OPEC member will have to divert more oil production to domestic uses and thereby reducing supply on the international market. This will inevitably lead to higher fuel prices and increased tensions globally... as many peak oil proponents have said, "the era of cheap energy is over." -- Luis Mora, Editorial Committee