I don't agree that oil production is at it's zenith. That is misleading as the oil is there...
The problem given massively increased demand is an ever waning ability to get at it, bring it up and refine it...despite the increased demand.
If that defines "production", then I agree.
I also agree that oil, for the above reasons (coupled with currently unforeseen international conflicts) might well approach that price.
Naturally this all IMHO.
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