Energy prices set to rise indefinitely

IRELAND – Anxiety over supplies from producer countries Iran and Nigeria pushed oil prices towards $68 (
Events of the past months suggest those of us who had become sceptical about the state of oil and gas supplies look to have taken too grim a view of the situation.

For the record those who fear for the future of oil have argued supplies are running down as the world now burns more oil than it is finding on a daily basis.