Complex sentence: He also believes that peak oil analysts are conspiring with OPEC and the oil companies to create a "fabricated drama of peak oil" to drive up oil prices and profits; oil had risen to a little over $30/barrel at that time.
Split into simpler sentences: He also believes that peak oil analysts are conspiring with OPEC and the oil companies to create a "fabricated drama of peak oil" to drive up oil prices and profits. It is worth noting oil had risen to a little over $30/barrel at that time.