Oil price "may hit $200 a barrel"
A Goldman Sachs energy strategist warns that this may happen in as little as six months. This is because of the demand driven price of oil.
Goldman Sachs energy strategist Argun Murti made the warning as benchmark US light crude passed the $123 mark for the first time.
Surging demand was increasingly likely to create a “super-spike” [...]
Is the next downturn close?
While I don’t like to be the bearer of bad tidings I read a rather disturbing article today regarding the state of the seismic industry. The author, David Bamford, holds a PhD in geophysics and has been involved in the technical and exploration fields for 23 years and has a rather startling prediction.
