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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (386749)	5/21/2009 7:19:39 AM
From: MythMan	Read Replies (1) \| Respond to of 436258

dumb s*it seems more appropriate... on to one of your fav topics..... >>LONDON -- Energy investment is "plunging" because of the recession, paving the way for oil-price surges within three years, the International Energy Agency warned in a new report. The Paris-based watchdog for the world's major energy-consuming nations said that in recent months, oil companies and investors have canceled or postponed about $170 billion of investment equivalent to roughly two million barrels a day in future oil supply. An additional 4.2 million barrels a day in future oil-supply capacity has been delayed by at least 18 months as companies slash spending.<<