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Politics : Sioux Nation

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To: SiouxPal who wrote (63442)	4/8/2006 11:11:11 PM
From: Wharf Rat	Read Replies (1) of 361610

We know this... World 'cannot meet oil demand' By Carl Mortished, International Business Editor THE world lacks the means to produce enough oil to meet rising projections of demand for fuel over the next decade, according to Christophe de Margerie, head of exploration for Total and heir presumptive to the leadership of the French energy multinational. The world is mistakenly focusing on oil reserves when the problem is capacity to produce oil, M de Margerie said in an interview with The Times. Forecasters, such as the International Energy Agency (IEA), have failed to consider the speed at which new resources can be brought into production, he believes. Message 22340529

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