oil of the world will end soon

«We should leave oil before we left our one», points out economist of the International Energy Agency.

Destructive deleted the picture of the future global energy industry, including several major oil fields have now surpassed the peak of production and beginning to come into decline.

The warning was made by Fatih Birol, chief economist of the International Energy Agency (IEA).

It supports that «oil crisis» in the next 5 years could be a major obstacle to the recovery of the global economy.

In an interview with the newspaper The Independent, the Birol says that higher crude prices triggered by the rapid rise in demand, while stagnation or decline the offer, may derail the recovery.

It also found that most governments are aware that oil reserves have started to decline at a faster pace than envisaged earlier. World production is now estimated to reach a peak a decade ago, nearly 10 years earlier than expected.

One day oil will end and will not be tomorrow or the day after, but still will end, so we should leave oil before we leave that, and we must prepare for this development.