The government have responded to my question about Oil Price Contingency Planning. They have a BERR Page with forecast oil prices. Extracting from that table the following prices in USD per blue barrel for each year and assumption are:
They dont "feel the need to build contingency plans specifically for peak oil".
Well we already are above "high high".
Year | Low | Central | High | "High High" |
---|---|---|---|---|
2007 | 73 | 73 | 73 | 73 |
2010 | 45 | 65 | 85 | 107 |
2015 | 45 | 68 | 90 | 150 |
They dont "feel the need to build contingency plans specifically for peak oil".
Well we already are above "high high".
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