09.04.2009 - Commodity price recovery anticipated in 2010
From Energycurrent.com: Recent declines in the capital expenditures required to develop oil and natural gas will help drive commodity market prices up, predicts AJM Petroleum Consultants in their current oil and gas price forecast, established effective March 31, 2009. "Some analysts believe world oil production peaked in 2008, but regardless of whether or not you agree, it is generally accepted that the world's supply of hydrocarbons is declining," said Ralph Glass, economist and Vice President of Operations at AJM Petroleum Consultants.....Full Article: Source