seekingalpha.com - 12/15/2008
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OK, so I was wrong about the $100 oil before $150 but $200 before $50 forecast. The commodity markets have been clobbered by this global economic crisis. The World Bank s latest forecast for commodities is real food prices are expected to fall by 26 percent between 2008 and 2010, oil prices by ...
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Let's Give Inflation a Chance
Peak Oil News —
... today needs to be brought on stream between 2007 and 2030. There are some other brave assumptions on how supply evolves: Modern renewable technologies grow most rapidly, overtaking gas to become the second-largest source of electricity, behind coal, soon after 2010
Ultimately recoverable conventional oil resources, which include initial proven and probable reserves from discovered fields, reserves growth and oil that has yet to be found, are estimated at 3.5 trillion barrels. Seeking Alpha
DrumBeat: December 15, 2008
The Oil Drum —
... Russia - the world's second largest oil exporter - has signalled its willingness to work with OPEC this week to prop up crude prices through another round of production cuts to be announced at a meeting in Algeria.
But for all its talk of the need to protect its national interest amid declining revenues, Russia is unlikely to contribute meaningful reductions beyond already expected declines in the country's production that are resulting from underinvestment.
Let's Give Inflation a Chance
OK, so I was wrong about the $100 oil before $150 but ...
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