OPEC Predicts Supply Troubles

Posted on Thursday, January 03 at 15:03 by drcaleb
. . . A separate scenario with a lower annual average production growth rate of 2.7 percent shows that OPEC could hold out until 2048 before it finds itself unable to shoulder its share of oil supply. The final scenario -- based on calculations using the average growth rate of production for each member in the last 25 years -- brings the date up to 2024. . . . http://www.businessweek.com/ap/financialnews/D8TTS9580.htm

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