Date of prediction: 2009-02-28

According to a report of Spiegel Online the International Energy Agency (IEA) has warned about a possible world-wide economic crisis in 2013 due to shortages in oil supply. Low prices in 2009 keep oil compnaies from investing. Once the current financial crisis is over, demand might rise while supply doesn’t. Oil prices might reach $200 per barrel in 2013.