Lower prices = less drilling activity = less new production = future shortages = much higher prices
http://www.bloomberg.com/apps/news?pid=20602099&sid=akoSvkMKX8HQ
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Wednesday, April 8
Oil, Gas May ‘Slingshot’ Up After Credit Freezes Rigs
by
Energy Issues
on Wed 08 Apr 2009 12:03 PM CDT
Santa Barbara Reshifts, Now Opposing Drilling
by
Energy Issues
on Wed 08 Apr 2009 09:28 AM CDT
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