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Gold/Mining/Energy : Anadarko Petroleum Cp

APC 72.77

+0.8%

Aug 8 5:00 PM EST

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From: kryptonic6	1/13/2005 4:28:31 AM
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"Oil Shortages Look Certain by 2007 - LNG to the Rescue? Gas Shortages Are Most Pressing, But Economics Shows No Easy Answers Why The Oil Markets May See Price Dips Before The Collapse and Why This Will Make the Outcomes Worse" by Dale Allen Pfeiffer -- FTW Energy Editor fromthewilderness.com What an examination of the mega-projects slated to come online over the next few years means is that oil prices may well subside significantly in 2005 into the $20 range. We really don't know. What we do know is that by 2007 there will be only a handful of new mega-projects coming online and in 2008 there won't be any, since not a single mega-project was discovered in 2003 and every project takes roughly 5 years to be brought online. kryptonic

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