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What price for extra oil?

Posted on 03 October 2013

It has been very interesting to watch over the past few years the shift in public understanding of international oil and gas supply for the future. Not too long ago, the rush to renewable and alternative energy sources was strong, with public subsidies and private funds in full support of solar, wind, bio-fuels, and other new technologies and approaches.
There was much talk of “peak oil,” the tipping point when future supply cannot meet future demand. There was talk of carbon taxes, offsets, and trading as viable means to nurture what would be a painful but necessary shift in consumption and response………………………………………..Full Article: Source


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VRS - who has written 41692 posts on Opalesque Commodities Briefing.


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