(EnergyAsia, October 9, Tuesday) — Crude oil prices could easily hit US$150/barrel and production could peak within 20 years, former Shell chairman Lord Oxburgh warns.He also accused the oil industry of not doing enough to address the impending crisis.“We may be sleepwalking into a problem which is actually going to be very serious and it…
MARKETS: Expect oil to reach US$150 a barrel, says former Shell chairman
Posted on October 8, 2007 by EnergyAsia