FUTURE ENERGY CRISIS?
By Gordon B. Moody
FUTURE ENERGY CRISIS?
Courtesy of Gordon B. Moody
Gordon B. Moody, Editorial in Global Energy Outlook, June 1999.
"For the first time in history, U.S. crude oil production has dropped below 6 million barrels per day. ...
All of the business journals, including Business Week, The Economist, The Wall Street Journal, Oil & Gas Investor, and the Oil and Gas Journal are warning about a future potential energy crisis. Whether it's crude oil or natural gas, all of the major world reserves are located in a narrow band from the Middle East, through Central Asia, and Russia.
It would be tragic if we had to look to Iran, Iraq, or Russia to meet our future energy requirements."
www.padrak.com/ine/NEN_6_10_8.html
Aug. 25, 1999.