2 0 3 0 , ▁and ▁this ▁would ▁not ▁be ▁a ▁" pe ak " ▁but ▁rather ▁an ▁" und ulating ▁plate au ". ▁This ▁opinion ▁has ▁been ▁met ▁with ▁criticism ▁by ▁those ▁who ▁believe ▁a ▁peak ▁has ▁already ▁occurred ▁or ▁is ▁im min ent . ▁ASP O - USA ▁described ▁C ER A ' s ▁position ▁as ▁having ▁a ▁cred ibility ▁problem . ▁Chris ▁S kre b owski ▁considered ▁the ▁C ER A ▁report ▁to ▁be ▁a ▁po lem ic ▁that ▁confused ▁stock s ▁and ▁flows . ▁ ▁In ▁June ▁ 2 0 0 8 , ▁Daniel ▁Y er gin ▁said ▁that ▁mark ets ▁have ▁helped ▁fuel ▁a ▁" short age ▁psych ology " ▁that ▁the ▁world ▁is ▁" running ▁out ▁of ▁oil ". ▁He ▁also ▁described ▁$ 1 2 0 – $ 1 5 0 ▁per ▁bar rel ▁as ▁the ▁" break ▁point " ▁for ▁oil , ▁the ▁point ▁where ▁demand ▁er os ion ▁would ▁affect ▁the ▁price ▁rise . ▁ ▁C ER A ▁research ers ▁have ▁predicted ▁in ▁September ▁ 2 0 0 9 ▁that ▁peak ▁demand ▁has ▁come ▁and ▁gone ▁in ▁the ▁O E CD ▁world , ▁likely ▁som etime ▁in ▁ 2 0 0 5 . ▁This ▁is ▁not , ▁however , ▁in ▁agreement ▁with ▁peak ▁oil , ▁which ▁is ▁more ▁on ▁the ▁extra ction ▁and ▁production ▁side . ▁C ER A ▁continues ▁to ▁believe ▁that ▁there ▁is ▁plenty ▁of ▁oil ▁under ▁ground . ▁In ▁predict ing ▁peak ▁demand ▁in ▁developed ▁countries , ▁C ER A ▁states ▁that