experience a serious oil supply crunch within five to ten years unless there is a collapse in oil demand. “The Coming Oil Supply Crunch”, a new report by London-based Chatham House, said investment in new supplies has been and will be inadequate. This is partly due to incentives for international oil companies to return dividends…
MARKETS: Chatham House predicts US$200 oil in coming supply crunch
Posted on August 17, 2008 by EnergyAsia