Resource Investor - Energy - Oil Forecasting Legend Discusses Peak Oil, Share Prices:
by Michael J. DesLauriers -- 10-19-2005
"Groppe believes that, 'we are at the point where production is peaking and the price required to restrain consumption to match this future available supply is in the 50-60 dollar range on an annual average basis. This or next year might very well be the all time peak year in world liquid petroleum production.'"
Friday, October 21, 2005
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