[Peakoil] Globe heading for oil drought: Shell

[Jenny Goldie]

[Shell makes the case that oil supplies will plateau after rising 16%. I'm not sure where the 96mbd are going to come from over the next decade, however, especially in light of recent Wikileak's report that the Saudi's have overestimated reserves by 40%. Jenny]

Globe heading for oil drought: Shell
THE global appetite for energy is likely to swell far more rapidly than available supply in coming decades as oil production hits a plateau. 
http://www.theaustralian.com.au/business/the-world-is-heading-for-an-oil-drought-says-shell/story-e6frg8zx-1226005956583
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