LONDON, England (CNN) — The world has reached the point of maximum oil output and production levels will halve by 2030 — a situation that will eventually lead to war and disaster, a report claims.
The German-based Energy Watch Group released a report Tuesday saying the world’s oil production peaked in 2006 and from now on will drop by around 3 percent a year. It says that by as early as 2030, the global availability of oil will be half of what it was at its peak.
“It’s a very serious result,” said Hans-Josef Fell, a German lawmaker from the environmentalist Green Party who commissioned the report. “I fear the world will come into a big economic crisis in the coming years.”
The report warns that coal, uranium, and other key fossil fuels are also in declining supply. It predicts the fall in fossil fuel production will bring with it the threat of war, humanitarian disaster, and general social unrest.
But Leo Drollas, who leads oil and gas market analysis and forecasting at the Center for Global Energy Studies in London, said there are plenty of supplies and no looming crisis. He said the report sounds like “scaremongering.”
Drollas says production could still slow one day, but only because new reserves will be considered too difficult or expensive to extract.
“Oil could be left in the ground and we could move on to another fuel in the future, not because we’re running out of oil but because, economically speaking, it is not worth extracting the oil,” Drollas said.
The debate comes as oil prices have hovered at record level. Wednesday morning, NYMEX crude was listed at $84.96 a barrel; oil prices topped $90 a barrel last week.
Analysts do agree, however, that oil prices could continue to rise, especially if there is further instability in the Middle East.
http://edition.cnn.com/2007/BUSINESS/10/24/oil.decline/index.html
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Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
