Oil production in the world close to peak

In a worst-case scenario, global oil production may reach its peak next year, before starting to decline. In a best-case scenario, this peak would not be reached until 2018. These are the estimates made by Fredrik Robelius, whose doctoral dissertation estimates future oil production on the basis of the largest oil fields. The dissertation will be publicly defended at Uppsala University in Sweden on March 30.

If you want to include this story in your blog, copy and paste this formatted text: