The availability of oil and gas for future generations continues to provoke international debate. In 2005, the first edition of Resources to Reserves found that the known hydrocarbon resources were sufficient to sustain likely growth for the foreseeable future. Yet the book also predicted that...

"During 2004, oil prices reached levels unprecedented in recent years. Though world oil markets remain adequately supplied, high oil prices do reflect increasingly uncertain conditions. Many IEA member countries and non-member countries alike are looking for ways to improve their capability to...