ST Alpha - "The world is heading for a catastrophic energy crunch that could cripple a global economic recovery because most of the major oil fields in the world " (Reading a Post)

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In response to "put a duck in your ear to eat the bread! -- nm" by ST

The world is heading for a catastrophic energy crunch that could cripple a global economic recovery because most of the major oil fields in the world

Posted by Loyola Aug 3 '09, 07:05

have passed their peak production, said Dr Fatih Birol, the chief economist at the respected International Energy Agency (IEA) in Paris"

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