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This article posted 2 years ago would suggest that LORD BROWNE,...

  1. 655 Posts.
    This article posted 2 years ago would suggest that LORD BROWNE, the misguided old fool wouldn't know which way round to sit on a lavatory seat.

    Published on 18 Jan 2004 by Sunday Times UK. Archived on 18 Jan 2004.
    BP: oil price will stay high

    by Lucinda Kemeny and William Lewis

    LORD BROWNE, chief executive of BP, the world's second-largest oil company, has warned the City and British industry to prepare for a long period of high oil prices.

    Taking four-year cycles, the average price of a barrel of oil has been around $21, Browne pointed out. And with Opec becoming more disciplined in controlling its members' output, BP believed the average price of oil will remain in the mid-$20s a barrel over the next 20 years. "We cannot deny that history," said Browne.


 
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