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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area
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From: allevett11/7/2006 6:15:42 PM
   of 37387
 
I guess the chickens are coming home to roost!

By: P3CMS from CWEI thread

Posted as a reply to msg 22029 by P3CMS
Re: IEA warns of ongoing energy crisis - FT.com

Here's more-

3rd paragraph -

The IEA said that the oilfields on which Europe and the US had come to depend to reduce their reliance on 'OPEC' would peak in the next five to seven years. These include those in Russia, the US, Mexico and Norway.

Also talks about NG having similar problems.

I wonder if they'll be changing their forecast about world oil supply anytime soon??
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