Coming Oil Supply Crunch

Unless there is a collapse in demand, there will be a serious oil supply crunch - not because of resource constraints but because of inadequate investment by oil companies. If this happens the resulting price spike may carry serious policy implications with long-lasting effects on the global energy picture.

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Unless there is a collapse in demand in the next five to ten years, there will be a serious oil supply crunch - not because of resource constraints but because of inadequate investment by oil companies. If this happens the resulting price spike will carry serious policy implications with long-lasting effects on the global energy picture.