Saturday, December 5, 2009

CNNMoney: Why Cheap Oil Is Here To Stay

"The world will never run out of oil," Deutsche Bank analysts wrote in a recent research note, echoing the old logic that the Stone Age didn't end because the world ran out of stone. "If the oil age does end, it likely will be because we become more efficient and simply use less petroleum."
From "Why cheap oil is here to stay" on CNNMoney.

(HT: Mark Perry, Carpe Diem)

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