(EnergyAsia, May 16) — Oil have stayed mostly in the US$70/barrel range since late April, but Daniel Yergin, renowned author and chairman of Massachusetts-based Cambridge Energy Research Associates (CERA), does not think an oil shortage exists. In particular, he continues to attack the peak oil argument that world oil production has peaked. In a recent…
MARKETS: Peak oil theory ‘misleading’, CERA’s Yergin tells US Congress
Posted on May 16, 2006 by EnergyAsia