Oil:

Peak oil proponents talk about difficulty in changing U.S. energy policy

As the United Nations Security Council deliberates over Iran's nuclear ambitions, the negotiations have had a major effect on world oil markets amid tightening global supplies. During today's E&ETV Event Coverage of the Sustainable Energy Forum 2006, Professor Kenneth Deffeyes of Princeton University, Rep. Roscoe Bartlett (R-Md.), author Richard Heinberg and other panelists discuss the threat Iran poses to the stability of the Middle East region. The panelists also address arguments made by peak oil skeptics, and point to growing evidence that world production is nearing its apex.

Transcript