Half Empty - thanks for posting this link - I think the whole thing needs to be posted on TOD. So I have Piebalgs 10 to 15 years behind the curve (we're all dead in water) and Birol maybe 3 to 5 years behind and on a steep learning curve:

Birol: Exactly 12.5 million barrel a day are still missing, about 15 % of the global oil demand (the current global oil consumption is 84 million barrel a day, note from the editor). This gap means that we could face a supply shortage and very high prices during the next years.

Birol: There are only three ways out of this dilemma: First of all we have to increase energy-efficiency drastically, we have to build more economical cars, trucks and airplanes, to slow down the incline in oil consumption. Secondly we have to use more alternative fuels in the traffic sector. If you take a look at how little governments are doing to help higher efficiency, though, I have little hope that there will be such a change of policy. The third thing is that we need many more oil production projects, especially in the key countries in the OPEC.

Like Andris he has a very mixed bag here of positive things mixed with garbage. Basically anyone who doesn't grasp the concept of net energy immediately upon first reading needs to be removed from any position of responsibility.