Tough choices for oil companies in effort to head off global capacity crunch.

“There is a serious danger that short-termism, driven by the demands of the stock market, may prove seriously damaging to the oil consumer”

Financial Times article today by Carola Hoyos on the stark choices facing oil companies if a “global capacity crunch” is to be avoided. Financial Times Print Edition, Wed., Sept. 22, 2004. Full page article on p.11.

http://news.ft.com/cms/s/2fc60b80-0bfc-11d9-8318-00000e2511c8.html