Has investment in unconventional oil sources - oilsands and shale oil - increased over this period?
Julio Huato <[EMAIL PROTECTED]> wrote: Jad Mouawad (NYT) wrote: > As oil prices soared to record levels in recent years, basic economics > suggested that consumption would fall and supplies would rise as > producers drilled for more oil. > > But as prices flirt with $120 a barrel, many energy experts are becoming > worried that neither seems to be happening. Higher prices have done > little to suppress global demand or attract new production, and the > resulting mismatch has sent oil prices ever higher. Peak oil? This sounds more like an oil bubble. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l --------------------------------- Be smarter than spam. See how smart SpamGuard is at giving junk email the boot with the All-new Yahoo! Mail
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