I think this article is worth reading.
In 2000, Sheikh Ahmed Zaki Yamani, former oil minister of Saudi Arabia, gave an interview in which he said:
“Thirty years from now there will be a huge amount of oil – and no buyers. Oil will be left in the ground. The Stone Age came to an end, not because we had a lack of stones, and the oil age will come to an end not because we have a lack of oil.”
http://www.energypost.eu/historic-m...nd-oil-age-coming-opens-valves-carbon-bubble/
$50 to be the new norm, page-7
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$27.52 |
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| Open | High | Low | Value | Volume |
| $27.36 | $27.59 | $27.23 | $347.5M | 12.37M |
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| No. | Vol. | Price($) |
|---|---|---|
| 11 | 167313 | $27.51 |
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| Price($) | Vol. | No. |
|---|---|---|
| $27.53 | 2000 | 1 |
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