The OECD’s IEA is able to admit that future oil supplies will not meet likely or probable demand, but the US EIA and other diehards have not yet made that cultural revolution.
Andrew McKillop's blog
The Rubber band snaps at 140 USD-per-barrel?
Dual fuels and the new Kuwait
The Next Oil War is likely or increasingly possible because the old, mature, or ‘post-industrial’ urban consumer societies, and the burgeoning new and emergent industrial economies of the planet are totally dependent on oil gas and coal.