The New York Times - Environment - Green blog

November 16, 2010, 6am PST
Conventional oil supplies peaked at about 70 million barrels a day in 2006 according to the IEA, and will hold steady until 2035. However demand, primarily from China, will require an increase of 20% in oil to be filled by 'unconventional' supplies.
The New York Times - Environment - Green blog