The Oil Depletion Analysis Centre (ODAC) is an independent, UK-registered educational charity working to raise international public awareness and promote better understanding of the world's oil-depletion problem.

What's New

IEA Oil Projections Disputed

The International Energy Agency's latest oil production forecast showing continued growth until the year 2030 is unrealistic and "a prescription for economic disaster", according to a new independent analysis by Danish energy consultant Klaus Illum.  See more ...

ASPO Revises Global Peak Oil Forecast

The Association for the Study of Peak Oil (ASPO) has published a revised forecast for global peak oil production in its latest monthly newsletter.  See more ...

UK Oil Depletion Conference Set For April 2005

A one-day conference, 'Peak Oil UK:  Entering the Age of Oil Depletion' will take place in Edinburgh on 25 April 2005.  See more ...

Prepare Now For Growing Oil Scarcity, Deutsche Bank Warns

The hydrocarbon era "is increasingly likely to be coming to an end", Deutsche Bank warns in a recently published research paper, and "politicians, company chiefs and economists should prepare for this in good time, to effect the necessary transitions as smoothly as possible."  See more ...

Lisbon To Host International Oil & Gas Depletion Workshop

The Association for the Study of Peak Oil (ASPO) will hold its Fourth International Workshop on Oil and Gas Depletion at the Calouste Gulbenkian Foundation in Lisbon on 19-20 May 2005.  See more ...

New Oil Projects Cannot Meet World Needs This Decade

World oil supplies are all but certain to remain tight through the rest of this decade, unless there is a precipitous drop in demand, according to the results of an ODAC study.  See more ...

Saudi Insider Says Oil Supplies 'Over-Estmated' by U.S.

A recently retired Saudi oil executive has told Channel 4 News in London that he thinks the U.S. government's forecast for future oil supplies is a "dangerous over-estimate."  See more ...

New Oil Discoveries Replaced Only Half of Production

Only 50 percent of the world's oil production was replaced by new field discoveries in 2003, according to a report by the industry consultants IHS Energy.  See more ...

Click on the Bulletin Board button to the left for more announcements.

The energy paradigm: back to the future
Regardless of what version of the doomsday scenario one accepts, we need to begin now to develop policies to ensure future prosperity, writes N K Singh in The Financial Express.  Read the full article ...

There's no supply side answer to the coming oil crisis
With an ironclad determination to deny and thwart reality, writes Andrew McKillop, the leaderships of most countries pursuing the US-European-Japanese energy intensive model of high consumption growth are each day moving the world closer to the very opposite of ‘sustainable’ anything.  Read the full article ...

No Escape from Dependency
While no one can say with certainty that recent developments portend the imminent arrival of peak oil output, writes Michael Klare, there can be no question that global supply shortages will prove increasingly common in the future.  Read the full article ...

Are Saudis telling fairy tales about oil?
The most recent announcement from Saudi Arabia's oil minister says its production is set to rise, but many in the industry feel the thoughts from Ali al-Naimi are based more on political fiction than energy reality, writes Adam Porter for the Al Jazeera English language website.  Read the full article ...

How Long Will Cheap Oil Last?
Global thirst for crude oil keeps growing, despite the current high prices, writes Brian Handwerk for National Geographic News.  Just how much oil does the world have left, and what will happen when demand begins to outstrip supply?  Read the full article ...

When the oil runs out

Demand continues to rise but oil reserves are becoming exhausted, writes Shaker al-Molsi in The Yemen Times. Thus within the coming few years, the era of cheap unlimited energy is expected to come to a close.  Read the full article ...

Finite fuels threaten life as we know it
If predictions are correct, no future generation will forget 2005 — the year the world began eating into the second half of its oil reserves, ABC News in Australia reports.  Read the full report ...

Peak Oil 2004:  Run For Your Life Or Do Nothing?
The predictions obtained from the Hubbert model may not be perfect, but we ignore them at our risk and peril, writes Ugo Bardi for ASPO Italia.  Read the full article ...

Oil headway will fail to meet demand
As global oil demand increases and oil wells deplete, will oil producers' much trumpeted new fields be able to cope, asks Adam Porter in an article on the Al Jazeera English language website.  Read the full article ...

The Energy Challenge 2004 – Petroleum
The present high oil and gasoline prices are just the first tremors of the earthquake that is coming, writes Murray Duffin for EnergyPulse.  Read the full article ...