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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?

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To: kryptonic6 who wrote (787)6/25/2005 9:08:46 AM
From: Doug R  Read Replies (1) of 1183
 
CERA's track record on peak energy.
Let's take a look at what CERA said immediately prior to the realization of peak natural gas production in the US:

U.S. Natural Gas
[...]
The supply response -- new exploration and development -- has been slow in coming. Greater investment is needed in exploration as well as in development areas. Nevertheless, CERA expects supply to begin to show year-over-year increases in the United States toward the end of 2000, and in Canada supply growth is at last expected to be evident this spring.

www20.cera.com

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