Tuesday, April 19, 2011

Question of the Day: Are We Heading For An Oil Crisis?

Three years ago, we got a glimpse into the room when Royal Dutch/Shell issued a scenario forecasting the world in 2020. Based on current economic and energy-use patterns around the world, Shell said that energy supplies will be so tight that they will tip the world into a full-blown crisis in which governments will force their populations to reduce driving, use less electricity, and pay an extremely steep increase for what they do consume.

Read the rest: The Coming Misery That Big Oil Discusses Behind Closed Doors

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