[Peakoil] News items on peak oil 13 Jan 2006

[Antony Barry]

Begin forwarded message:



> Date: 13 January 2006 6:23:41 AM

>

>
> Oil prices to stay high in 2006-2007
>
> The US Government's Energy Information Administration predicts  
> slowing growth of oil demand and increasing production, but oil  
> prices are to remain high in 2006 and 2007. Some analysts are even  
> more gloomy.
> Other energy analysts predict oil prices could even be going up in  
> the next few years. Goldman Sachs stated in its recent Global  
> Investment Research that oil prices may be in for a four year  
> "super spike" phase with prices going as high 105 dollars a barrel.  
> Texan "peak oil" expert Matt Simmons (writer of a controversial  
> book questioning oil reserves in Saudi Arabia) has made a...
>
> <http://www.euractiv.com/Article?tcmuri=tcm:29-151462-16&type=News>
>
>
> Peak Oil News and Message Boards >> Peak Oil News and Message Boards
>
> Continued pressure from the price of oil could eventually hit the  
> economy, say fund managers, as falling reserves and increased  
> demand are likely to push the price to $100 a barrel in 2006.
> Tim Walker, manager of the Martin Currie portfolio investment  
> trust, says even though the cost of oil could eventually affect  
> inflation, the growth potential of businesses and the economy, as  
> well as oil distributors, he continues to favour investment in oil  
> companies as the dividend and share price potential is strong on  
> the back of a climbing oil price.
> India's Oil and Natural Gas Corp. Ltd...
>
> <http://www.peakoil.com/index.html>
>
>

phone : 02 6241 7659 | mailto:me at Tony-Barry.emu.id.au
mobile: 04 1242 0397 | http://tony-barry.emu.id.au