[Peakoil] News items on peak oil 6 Feb 2006
Antony Barry
tony at tony-barry.emu.id.au
Mon Feb 6 12:19:33 EST 2006
Begin forwarded message:
> Date: 6 February 2006 5:03:20 AM
> Subject: DEVONagent: 1 results (news)
>
> Bloomberg.com: Top Worldwide
>
> Jan. 23 (Bloomberg) -- Oil traders are paying record prices to get
> crude almost five years from now, reflecting increasing doubts the
> oil boom will go bust.
> The rise in prices for futures contracts that come due in later
> years has differentiated this oil rally from predecessors. For
> example, in September 2000, when crude prices reached $37.20 a
> barrel because of concern of a potential shortfall in inventories,
> the contracts for delivery in three years stayed closer to $20, a
> sign of confidence that oil would be available at lower prices.
> The prices for futures at the end of this decade...
>
> <http://quote.bloomberg.com/apps/news?
> pid=10000006&sid=afC4WbyG_Bmk&refer=home>
>
>
phone : 02 6241 7659 | mailto:me at Tony-Barry.emu.id.au
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