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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture
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To: grayhairs who wrote (12008)9/26/2000 8:26:42 AM
From: Gord Bolton  Read Replies (1) of 15703
 
Analysts Claim World Facing Energy Crisis - NetNews Inc. website


CALGARY, Sept. 26 /CNW/ - Journalist Donna Korchinski presents a report
on NetNews Inc. (www.netnewsinc.com) that the world is facing a new oil
crisis. Much of the world has refused to recognize the current surge in oil
prices as an indicator of a true crisis. In this report, a number of renowned
international analysts present concerns about oil supplies. "I think we face
the situation of what I call 'denial and obfuscation' by governments who are
now being revealed to have not analyzed the situation properly, who have been
misled", says one analyst. Another notes: "This time the cupboard's bare all
across the energy fund". "This time we will have a bona fide energy crisis
versus an oil crisis." The developed world has not learned from the oil crisis
of 1973. Many of the same indicators are present today.

Learn more about the conclusions that these respected analysts have drawn
- conclusions that governments and international agencies have refused to
accept.

-30-

For further information: To purchase this story: Contact: Donna
Korchinski, Canada (403) 230-1442 or netnewsinc@netnewsinc.com; Web site:
netnewsinc.com
NETNEWS INC. has 2 releases in this database.
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