What a stupid article.
Face it, oil supply and demand are quite evenly matched at the moment.
Fields are declining at a faster rate than new discoveries are being made, while demand is steadily increasing.
As for the stone age not ending becasue they ran out of stones, whoever the original author of the statement was, whether Sheik Yamani or the Economist, should be ashamed of making such a ludicrous analogy. A better comparison would be to ask the Easter Islanders what happened when they cut down all their trees. Oh, that's right, you can't ask them because they all died.
HDR
hardman resources limited
