Interesting Fact # 1124 - Oil
According to Dr Fatih Birol, the chief economist at the respected International Energy Agency (IEA) in Paris, oil on which modern civilisation depends is running out far faster than previously predicted.
(He predicts that global production is likely to peak in about 10 years – at least a decade earlier than most governments had estimated. As he said, "we have to leave oil before oil leaves us".)
(He predicts that global production is likely to peak in about 10 years – at least a decade earlier than most governments had estimated. As he said, "we have to leave oil before oil leaves us".)
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