CERAweek and CERA's oil production forecast

CEAR held it's annual conference last week. On CERA's website, you can listen to David O'Reilly's interview with Dan Yergin. On the oil day, CERA released it's tally of oil production capacity by 2010. It is hard to believe a 20% increase in capacity in the next five years, but CERA has been consistently saying that.