It will be interesting to see if there if there is a "Correcting Statement," but if the quote is accurate and if the statement stands, I will be astounded.

Don't be astounded.

Oil prices have crashed. It would be foolish for OPEC to promote endless reserves. Now is the time to talk about scarcity.

Good point. At their current level, oil prices have increased at only 13%/year over the past 10 years.