My boss used to work for Shell, later than 1986. He still has friends in the oil industry. They are all saying that easy oil is nearly at an end. The King of Saudi has basically said "If you find new oil, leave it in the ground"

While at the same time OPEC are trying to convince consumers that there is a vast river of oil running from Russia somewhere down to OPEC countries and this is why they've been keeping their reserve figures the same for the last 20 years...uh huh.

I wonder who paid him to give that talk....