UK is sleepwalking into an oil crunch: Telegraph International Business Editor.

Ambrose Evans-Pritchard: The Citi report “is yet another piece of evidence pointing to Peak Cheap Oil. Jeremy Leggett, the head of the UK Taskforce on Peak Oil and Energy Security, says Britain is sleepwalking into a potential disaster by failing to prepare fully for a global supply crunch. The refusal to listen to warning signals is comparable to the complacency in the build-up to the financial crisis, he argues, but with graver implications for the British economy. I agree.”