24 May 2011

International Energy Agency - Crude Oil Peaked in 2006

From the horse's mouth of the International Energy Agency's Chief Economist, Dr Fatih Birol - crude oil peaked in 2006.


The time is running out, the oil is today our lifeline, it is everywhere in the economy, if the prices go up or if there's a supply disruption this will be definitely very bad news.
I think it would have been better if the governments have started to work on it at least ten years ago.'

Sourced from
YouTube, 28 April 2011

'In this special Catalyst investigation, we travel from Paris, to London, to the outer space like world that is deep sea drilling to find out why so many industry insiders now say we'll soon look back on 2011 as the good old days when fuel was cheap.'

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