International Energy Agency's Top Economist Says Oil Peaked in 2006

As recently as five years ago, "peak oil" alarmists were disregarded as the lunatic fringe. Today it's a different story.

As recently as five years ago, most anyone carrying on about "peak oil" was dismissed as part of the lunatic fringe.

The idea that global oil production had peaked wasn't taken seriously by anyone except doom-mongering survivalists and hardcore greens. Those two groups, who generally inhabit the opposite extremes of the political spectrum, made for odd bedfellows, but were equally exercised about peak oil.

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