IEA: Since 2010, world will begin to experience a shortage of oil

largest oilfields depleting record quickly, and deposits of minerals have been their production peaks. As a result, already beginning in 2010, the world will be felt an acute shortage of black gold. This opinion is chief economist of the International Energy Agency (IEA), Fatih Birol.

As the TV channel Vesti, the conclusions of the IEA are based on the first comprehensive study of more than 800 oil fields in various parts of the world. They represent about 75% of total world oil reserves.

As a leading economist of the IEA estimates that the global economy is by 2030 to find at least six new Saudi Arabia in order to meet their needs for black gold . We must move away from oil sooner than it will end - underlines the Fatih Birol.

worth noting that the question of the coming oil crisis has been going on for a long time. Many market participants say that immediately after the global economy from the crisis, demand for oil will begin to grow rapidly record that will ultimately trigger a sharp rise in the cost of black gold, and will cause the energy crisis. Even at the end of April Deutsche Bank analyst Paul SENC said that the transition from the XX century XXI sunset marks the oil era.

According to experts, lack of investment in oil projects will inevitably lead to a shortage of oil, with increased demand and, consequently, to return prices to a record peak. On the other hand, high oil prices would accelerate the transition to other energy sources that will become a serious problem for the world's largest exporter of black gold - Saudi Arabia, as well as its largest customer - the U.S., believes Senski.

However, if a few months ago, talk of an impending energy crisis seem exaggerated, in recent years - against the backdrop of a sharp increase in demand for this raw material - it became clear that these pessimistic predictions may soon be realized. So, last week's American Petroleum Institute (American Petroleum Institute, API) has published data that commercial stocks of crude oil in the United States for the period from July 17 to July 24, 2009 grew by 4 million barrels. The growth of oil reserves was a complete surprise to analysts who believed that they were reduced by 1.3 million barrels. Even so, world oil prices turned up: the end of last week black gold for the first time in a long time has exceeded 70 $ /barrel., And in general over the past week, oil prices have risen by 2%.

Meanwhile, a further increase of the price of black gold has talked many major analysts. Thus, in late July, the U.S. bank Goldman Sachs published its forecast for the end of 2009, that oil went up to 85 dollars per barrel. According to bank analysts, the recent decline in prices and the weakening of the major indicators of the oil market is temporary. Demand for oil will support the stabilization of industrial activity in the United States and a positive outlook for economic growth in China.


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