(EnergyAsia, July 1) — Despite current fears that oil will soon “run out”, global oil production capacity is actually set to increase dramatically over the rest of this decade, according to a new report by US-based Cambridge Energy Research Associates (CERA). As a result, supply could exceed demand by as much as 6 to 7.5…
MARKETS: Disputing peak oil theory, CERA says world oil capacity will outstrip demand through 2010
Posted on July 1, 2005 by EnergyAsia