An amazing quote from Shell's scenario planning division in their 2001 scenarios "energy need, choices and possibilites 2050":”Technology improvements are likely to outpace rising depletion costs for at least the next decade, keeping new supplies below $20 per barrel.
The costs of biofuels and gas to liquids should both fall well below $20 per barrel of oil equivalent over the next two decades, constraining oil prices”.
...This is the worlds' largest oil company and its very well qualified scenario division speaking.
No comments:
Post a Comment