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Politics : Foreign Affairs Discussion Group
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To: Bilow who wrote (163796)6/8/2005 1:52:20 AM
From: stockman_scott  Read Replies (1) of 281500
 
Oil Forecasting Legend Paints Dire Energy Picture

By David J. DesLauriers

06 Jun 2005 at 07:00 AM EDT

TORONTO (ResourceInvestor.com) -- While Matt Simmons’ work is recently more widely publicized, Henry Groppe has been accurately forecasting oil price trends for the last 55 years. His latest views agree with those of Mr. Simmons, and paint a dire picture of a “permanently changed situation”. Indeed, Groppe says, “We think were headed for an energy crisis.”

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