by Twilight » Sat 21 Jul 2007, 11:18:26
It's close to being true, all you have to do is pull up a recent ASPO newsletter showing ~1000 Gb used, and take your pick of ASPO, EIA, IEA, BP, trade journal, whatever figures for annual global oil consumption during this period. Varying with source and whether you count the first six months of this year, you will come up with a figure around 1/5.