opec cutting oil production

#7
#7
The world demand for oil will continue to grow in the coming years, and it will be almost impossible to meet the demand. I think China is projected to have more cars then the U.S. in about 4 years. India is right behind them. There is a future oil crisis, if alternative fuels don't start replacing oil. This is a future disaster in the works.
 
#8
#8
oklavol said:
The world demand for oil will continue to grow in the coming years, and it will be almost impossible to meet the demand. I think China is projected to have more cars then the U.S. in about 4 years. India is right behind them. There is a future oil crisis, if alternative fuels don't start replacing oil. This is a future disaster in the works.
Click to expand...


You mean supplementing, don't you?
 
#9
#9
oklavol said:
The world demand for oil will continue to grow in the coming years, and it will be almost impossible to meet the demand. I think China is projected to have more cars then the U.S. in about 4 years. India is right behind them. There is a future oil crisis, if alternative fuels don't start replacing oil. This is a future disaster in the works.
Click to expand...

washingtonpost.com
 
#13
#13
What's the price of oil today? I haven't checked. I wonder how much of a negative influenece this will have.
 
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