Blog > Archive by tag '$200 oil'
by Ian Cooper
Baltimore — (TFN): If you thought T. Boone Pickens’ $125 oil prediction was a shock, CIBC World Markets’ chief economist Jeff Rubin is predicting $200 oil in the next five years. Oil production, says Rubin, will see minimum growth “over the next five years, edging up barely more than 1-million barrels a day [...]
Baltimore — (TFN): It is not as if we do not have solutions to the oil problem. We can dig for oil right here in the United States where up to 4.3 billion barrels of oil could be recovered from the Bakken shale formation - a 25-fold increase compared to its initial assessment in 1995.
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