Study: There

A new report by a Cambridge research firm challenges the notion that the world is running out of oil.

High oil and gas prices may be hurting the economy and forcing motorists to dig deeper into their wallets to drive around. But higher prices are also encouraging companies to invest in projects to boost oil and gas production capacity across the world, according to Cambridge Energy Research Associates.

The firm released a study yesterday that said oil and natural-gas production capacity should rise by 25 percent by 2015, thanks largely to investments in new