Friday, November 14, 2008

My Take on Developing All That Oil by 2030

Given the current financial crisis, including the Derivatives unravelling, US Gov't inability to sell 92% of its T-bill offer on the 10th, and general Wall Street cock-up, here's my opinion that there will be sufficient financing or adequate capital to develop oil resources sufficient to attain the production flows predicted by the IEA 'til 2030:

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