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Page added on January 10, 2006

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Will We Have Enough Oil And Natural Gas?

Secretary of Energy Samuel Bodman has asked THE question. Will we have enough oil and natural gas to keep our economy going? In a letter to Lee Raymond, Chairman of the National Petroleum Council (NPC), Bodman has asked the Council to predict the future:

1. “What does the future hold for global oil and natural gas supply?”

2. “Can incremental oil and natural gas supply be brought on line, on time, and at a reasonable price to meet future demand without jeopardizing economic growth?”
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