Number of the week:
Where Philip Verlerger sees oil prices in the near future (analyst survey averages are around the low $60s).
Quote of the week
“Oil use won’t peak until 2050… It will decline thereafter but even by 2100 oil supplies will be 20 percent higher than they were in 2000.”
A cheery Peter Odell, professor of international energy studies at Erasmus University, Rotterdam
Image of the week:
Gas flares in Nigeria – Gregor