Many organizations have been making predictions for a peak in world oil production between 2010 and 2015, followed by a decline. This could bring profound changes in global markets, the balance of power and political upheaval. Check out this article in Der Spiegel, this article based on a seminar by the president of Petrobras, and this article in The Guardian.

Interesting article in The Guardian on China's new drive to guarantee access to raw materials in Brazil.