Kate Mackenzie Number, quote, and image of the week: $20 oil edition

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