Thursday, March 02, 2006

What a difference 20 years makes in crude oil prices

WorldOil.com - Online Magazine Article: Special Focus - Feb-2006:
by Matthew R. Simmons
"I began writing World Oil's annual Crude Oil Outlook article on New Years Day, 13 years ago, when prices had just fallen below $14/bbl for the first time since 1986. At the time, conventional wisdom was certain that the world market had entered a new paradigm of ample, diverse supply. "

No comments: