$100 Oil? Worried about the price of oil goingto the moon — or...

$100 Oil?

Worried about the price of oil going
to the moon — or the world running
out of oil? No need to be: at around
$100 a barrel the price of oil
will plateau for decades.

Ever since 1973 when OPEC first jacked up the oil price, the world has lurched from one oil crisis to another.

Now, with oil at $66 a barrel, it’s starting to look as if many of the Doomsayers’ predictions that we’re going to run out of oil might be about to come true.

On the contrary, the world will never run out of oil. And some time in the -----------------

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