Item of General Interest
Oct. 23 . A new interview by Chris Martenson is now up. He calls it Why There's No Economically Sustainable Price for Oil Anymore.
Tag Archives: call on OPEC
Beginning of the End? Oil Companies Cut Back on Spending
Steve Kopits recently gave a presentation explaining our current predicament: the cost of oil extraction has been rising rapidly (10.9% per year) but oil prices have been flat. Major oil companies are finding their profits squeezed, and have recently announced plans to … Continue reading →
Posted in News Related Post
|
Tagged call on OPEC, oil extraction, oil investment, Steven Kopits
|
547 Comments
