Oilcast #12: ‘No Peak Oil’, no strike and NOPEC

In this Oilcast Dani Gomez looks at predictions by the Cambridge Energy Research Associates. They reject ‘peak oil’ theory, but as Dani has found out, their forecasts have been wrong in the past. Who is right? Are ‘peak oilers’ mistaken?

Plus, a look at current price volatility, CINOOC’s bid for Unocal (as we predicted) no strike in Norway (as we predicted) and NOPEC in the US Senate, can it really become law?