Barreling toward disaster

“By the time you get to about 2015,” Qureshi said, “you reach the point where demand is far outstripping production, by several million barrels a day.”

He added: “Prices will go through the roof, and this will absolutely kill economies in the process.”

This is inevitable?

“It’s inevitable,” Qureshi replied with the certainty of someone who has spent weeks combing through reams of data. “The only question is how much the world will come together to manage the transition.”

SFGate