Analyst Says Oil Supply Problems Could Loom
The world’s oil supply is headed toward a crisis state that could flare as early as next year, fueled by steaming demand and declining production, a longtime sector investor and analyst said on Wednesday.
November 16, 2004
Forecasters See No Repeat of 80s Oil Bust
A team of market forecasters that correctly predicted the oil bust of the 1980s thinks history will not repeat itself, at least for now. “I think the real key is the peaking of world oil production,” said Groppe, a partner with Groppe, Long & Littell, who has consulted the industry for a half century.
November 12, 2004