Fortune | 'Expensive Energy Is Back:' Why the World Should Prepare for Higher Prices Even Though There's Plenty of Oil Fortune Energy prices may soon rise, but not for anything to do with Peak Oil—the theory that production will soon reach a peak and begin to fall—the International Energy Agency (IEA) predicts in its Oil Market Report released Friday. Overall supply has ... 100 Million Barrels: The World Hit a Daily Oil and Liquids Record Oil rebounds to $81, pares gain as IEA sees adequate supply IEA Lowers Oil-Demand Growth Forecasts |