Peak Oil Supply vs Peak Oil Demand: 2020 vs 2010
We have two instructively conflicting views out today on peak oil supply vs peak oil demand. The estimable folks at TOD peg 2010 as peak supply, with perhaps 89mbpd; while BP’s Tony Hayward gave an interview to BBC Radio 4 today suggesting that peak demand would hit first, by 2020 at around 100mbpd.
Check them both: