Karel Beckman

Oil will be depleted sooner than the IEA expects

Amsterdam – The world’s oil production will reach a peak between 2012 and 2017. After 2017, production will slowly start to decline. In the
coming years an annual production growth of no more than 1.5% is feasible, while demand is expected to grow on average 2.1% annually. Because of this, the oil price will stay on persistently high levels.

November 15, 2005


Deprecated: file_exists(): Passing null to parameter #1 ($filename) of type string is deprecated in /home/resilience/public_html/wp-includes/comment-template.php on line 1624

Leave a Comment