Commentary: Moving Beyond Denial…Two Steps Forward and One Step Back
In the last few months, the vigorous debate over the future of world oil supplies has hit the mainstream radar screen. The optimists closed ranks—they have to because their numbers are shrinking—and launched a barrage of misleading reports and opinion pieces, suggesting that supplies will grow from today’s 85 million barrels a day to as much as 115 mb/day by 2030.


