atans1

US$100 oil in 2016: US Army

In Energy on 20/04/2010 at 5:29 am

The US Army is working on assumption that in 2016, the price of oil will be US$100.

The US military has warned that surplus oil production capacity could disappear within two years and there could be serious shortages by 2015 with a significant economic and political impact.

The energy crisis outlined in a Joint Operating Environment report from the US Joint Forces Command …

Connected post

http://atans1.wordpress.com/2010/04/01/oil-neither-too-hot-nor-too-cold/


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