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Argument: The world oil production is based on forecasts from the U.S. Energy Information Administration and Association for the Study of Peak Oil, and other relevant data. For the output of Athabasca consideration have been taken to numbers from the Canadian Association of Petroleum Producers, and the output of Green river is revised information from the study Oil Shale Development in the United States from Rand Corporation. With such a high oil price, heavily investments will most likely be made in the exploration of existing deposits of oil sand and oil shale.

Questions: What other effects will the increasing oil price have on the everyday life? How will the developing countries manage when they will not afford to buy the oil needed and don't have the resources for alternatives?

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