Oil Depletion or Depleted Policies
Published: 1st November 2004 | By: Robert Arnott
In a recent debate on oil depletion at the Energy Institute, Rob Arnott argued that robust demand was driving current strong oil prices not peak oil. His presentation focused on the ways in which oil is brought to the market and he showed that recent policies and strategies had led to a period of underinvestment in the oil sector which is only now being corrected.
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