FORGET, for now, about producing 1 million barrels of oil per day. That seems to be the conclusion in President Yudhoyono’s 2011 Budget Statement to the House of Representatives (DPR) on Monday last week.

Yudhoyono, in a speech broadcast live on television, told the DPR that Indonesia’s oil output in the coming budget year was expected to remain below 1 million barrels per day (bpd) as it did in the three previous years. “Oil lifting next