Dealing with runaway oil prices

Recent data from the Organization for Economic Cooperation and Development’s (OECD’s) International Energy Agency (IEA), the US Energy Information Administration (EIA), leading oil analysts concerning world production and inventory in key consumer countries, together with “traditional” claims by certain analysts that OPEC (Organization of the Petroleum Exporting Countries) is still able to “overproduce” is taken by some commentators as offering a prospect for oil prices sliding below the current, rising levels in the region of about 36-45 euro/barrel (US$45-55), perhaps by mid-2005.
More of this Andrew McKillop article at Asia Times Online