Oilcast #7: French government examines `Peak oil` theory

Oilcast 7 looks at the Shell Scenarios report, a French government round-up ‘Oil Industry 2004′ that takes a long look at ‘Peak Oil’ theory…plus King Fahd’s secret lady friend… the rig count is down yet up…price rises could be nothing more than software and amazingly unreported anywhere else, demand outstripped supply in Q1 2005…