Oil: Caveat Empty
By Alfred J. Cavallo | May/June 2005
Without any press conferences, grand announcements, or hyperbolic advertising campaigns, the Exxon Mobil Corporation, one of the world's largest publicly owned petroleum companies, has quietly joined the ranks of those who are predicting an impending plateau in non-OPEC oil production. In five, ten years at best, the demand for oil will exceed the supply.
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