 | Peak Oil Update - June 2007: Production Forecasts and EIA Oil Production Numbers | The Oil Drum | DrumBeat: June 15, 2007 |  |
124 comments on And now, the latest on peak oil from...Business Week?!
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Realist: Another quiet milestone- a new record high forecast for long term oil prices (from a "cornucopian" source)- "50s and 60s". It is possible that CERA is not so much agenda driven as simply mediocre at research and forecasting, as their focus is obviously on marketing and promotion (they are the GM or Ford of oil market research/forecasting).
I thought Mr. Yergin said oil was going to $38.
What happened?