The article is in a way a brief update of that report, arguing that crude oil’s 2009 rally can be in part attributed to investor expectations of a world in which crude oil supplies will continue to be limited after an economic recovery due to above ground conflict and political limitations, and not necessarily limited crude reserves.
Read the article at wsj.com: The Crude-Oil Market’s Future Tense
The Wall Street Journal published an article today (on the back page of Money & Investing for those of you with a hard-copy) on how crude oil’s recent price rebound reflects expectations for future supply growth, or lack thereof. It mentions EPRINC’s March 2008 report on above ground “silent disruptions” to the world’s crude oil supply. (Link to EPRINC’s report, republished in the Oil & Gas Journal in July 2008: Silent Disruption Limiting Oil Supply)
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