Oil Prices to Fall: Research Chief (Australia)

NEWS.com.au – THE rise of alternative fuels would force a dramatic drop in oil prices in the next 50 years, the head of a government research body said today

Anyone predicting an average oil price above $US40 a barrel in the next 50 years had not taken into account the rise of alternative options, Australian Bureau of Agricultural and Research Economics (ABARE) executive director Brian Fisher said.
NEWS.com.au