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Doomsayers predict new world oil crunch

LafnLion rated 4 months ago
Wow. Talk about prescient. Article from 1998 predicting that oil production will be exceeded by oil demand by 2010, with a run-up in the price of oil. Also, complaints by drivers in 1998 about gas at $1.31 per gallon.

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LafnLion rated 4 months ago
Wow. Talk about prescient. Article from 1998 predicting that oil production will be exceeded by oil demand by 2010, with a run-up in the price of oil. Also, complaints by drivers in 1998 about gas at $1.31 per gallon.
peacockisland rated 4 months ago
From the page: "Bay Area residents complain about paying $1.31 for a gallon of regular unleaded gas"
cmdrtebok rated 4 months ago
Its official economist Mike Lynch of MIT is an idiot. He thought we were still going to have 12 dollar a barrel oil forever.