Your negative assumption is incorrect. Europe is in a massive energy crisis due to sky rocketing gas and oil prices forcing them to switch to higher polluting coal. The chinese are also in a energy crisis when they tried to stem fossil fuel consumption which resulted in many chinese freezing their arses. Japan has decided to increase its reliance on gas instead of restarting its mothballed nuclear plants.
The high oil price has got govs pleading with the arabs to increase production but they said nope so govs are going to release some reserves to lower the oil price.
Does this seem to you that petroleum and resource companies have some thing to worry about. ?
WPL@$30, page-3851
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