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...
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PETROL prices could reach $8 a litre within a decade if oil...
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