Oil Falls, Stocks Tumble?
"Peak-Oil" is true even if the price of a barrel of oil is too low and if it is too high it will cause an economic crisis. Because if the price is too low, oil companies will not invest in future production projects and then at some point there will be another supply crunch, so it really applies in any manner or form.
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ezekielnumber9
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2010-10-02T01:10:46
"Peak-Oil" is true even if the price of a barrel of oil is too low and if it is too high it will cause an economic crisis. Because if the price is too low, oil companies will not invest in future production projects and then at some point there will be another supply crunch, so it really applies in any manner or form.
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