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8 dollars a litre for petrol:csiro analysis

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    233 Posts.
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    11/07/08
    11:19
    Post #: 3978719
    PETROL prices could reach $8 a litre within a decade if oil production peaks and Australia is not ready to shift to alternatives, according to a CSIRO analysis. ....

    http://www.theage.com.au/national/8-a-litre-tipped-for-2018-20080710-3d6w.html

    What do you think about this prediction (analysis) by CSIRO.

    I thinkthis estimate is two high.. however it could be $4 if the oilers do not meet the market demand and we do not find any alternative to oil..

    All in all investment on good oilers with 5-10 year progduction will be good...
    OEX Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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