Market Intel Group LLC has produced a new report supporting the warning by Fatih Birol, the International Energy Agency's chief economist, in the Dec. 18, 2009, issue of The Economist that oil production will peak in 2020 if a "business as usual" approach continues and no new discoveries are made. Ed Herlik, managing partner of MiG, told ATW's Eco-Aviation Today that the forecast, which the magazine calls "a new and striking claim," must be "music to the ...

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