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Commodities Briefing - Categorized | Oil, Resources more

The world is not running out of oil – but Europe is

Posted on 15 May 2013

If Europe thought it had a crisis on its hands in the Eurozone, it’s nothing to the crisis a lack of oil would inflict. Thanks to the EU’s disastrous energy policies, while the world is proving to be awash with black gold in one form or another, Europe is fast losing the security of its oil supply.
And, just for good measure, a UK House of Lords report just published concludes that the EU will need a trillion euros of new investment if it is to stave off an energy crisis; investment its “muddled” policies are currently failing to attract………………………………………Full Article: Source


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VRS - who has written 39433 posts on Opalesque Commodities Briefing.


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