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Wednesday, June 15, 2011

Who are you going to trust?

Kjell Aleklett, professor of physics at Uppsala and co-author of a new report "The Peak of the Oil Age", claims oil production is more likely to be 75m barrels a day by 2030 than the "unrealistic" 105m used by the IEA in its recently published World Energy Outlook 2009. The academic, who runs a Global Energy unit at Uppsala, described the IEA's report as a "political document" developed for consuming countries with a vested interest in low prices

Oil: future world shortages are being drastically underplayed, say experts

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