The Peak of the Oil Age – The Uppsala World Energy Outlook
A new study, accepted for publication in the journal Energy Policy, analyzes the oil production forecast done by the International Energy Agency (IEA) in 2008. It highlights several shortcomings as well as confirms other parts. It concludes: “our analysis points to a world oil supply in 2030 of 75 Mb/d, some 26 Mb/d lower than the IEA predicts… The fact that global oil production has very probably passed its maximum implies that we have reached the Peak of the Oil Age.”


