Peak oil takes a backseat to peak demand by 2030The balancing of supply and demand, and not the price of a barrel of oil, is the key concern for oil-producing nations. “My eyes aren’t on the price, my eyes are on supply and demand,” said Sa More… |
Saudis say don't worry about peak oilThere is still plenty of oil in the ground and the world should put aside fears about "peak oil", the head of the Saudi state oil firm Saudi Aramco said on Thursday. "The concern about peak oil is behind us," chief executive Khalid Al Fali More… |