Tue, 26 Jun 2012 11:26:24 CDT
Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity is likely to grow by nearly 20 percent by 2020, which could prompt a plunge or even a collapse in oil prices, according to a new study by a researcher at the Harvard Kennedy School (Leonardo Maugeri, a former oil industry executive). read more...
Read full article at: energybulletin.net