Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on January 30, 2006

Bookmark and Share

OPEC members’ domestic turmoil could cause oil crisis – analysts

Kidnappings in Nigeria, sabotage in Iraq, and Iran’s nuclear programme have combined with huge demand from emerging countries to spark fears of an oil crisis, analysts said.

‘World producers need to bring another one and a half mln barrels per
day on line every year to meet rising demand,’ said Bruce Evers, an analyst
with Investec in London.



Leave a Reply

Your email address will not be published. Required fields are marked *