The man who foresaw skyrocketing oil prices

In a world dominated by self-censorship, only the brave speak out. But in a world running on cheap energy, with all the consequences that it brings, only those who value their integrity above their wallet are worth listening to.

Back in April one man, Iranian oil and energy analyst and expert Ali Bakhtiari did just that. He stood up and made a prediction that could have seen him ridiculed. “By the end of the year we will see oil at $50 a barrel,” he told an audience at the annual gathering of the Association for the Study of Peak Oil (ASPO) in Berlin.

aljazeera