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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Ed Ajootian who wrote (95807)	1/17/2008 6:21:20 AM
From: Snowshoe	Read Replies (2) of 206209

CERA report coming out today... New Fields May Offset Oil Drop By NEIL KING JR. January 17, 2008; Page A4 Output from the world's existing oil fields is declining at a rate of about 4.5% annually, a new study concludes, depriving the world of the same amount of oil that No. 4 producer Iran supplies in a year. Yet the study's authors, Boston-based Cambridge Energy Research Associates, argue that their assessment supports a generally rosy view of the industry's future, given that new projects in the works will make up for the decline. $: online.wsj.com

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