Oil's Price Always Comes Down

July 2011
Ward's Auto World;Jul2011, Vol. 47 Issue 7, p14
Trade Publication
The author expresses his views on the status of the oil industry in the U.S. in July 2011. He talks about the Peak Oil theory that was introduced in 2006, postulating that global oil production will improve. He mentions the prediction made by the U.S. Department of Energy that the country's oil production will grow by December 2011. The controversy on hydraulic fracturing is also noted.


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