Telegraph | “Oh somewhere in the $60 to $90 range for the foreseeable” – that was the consensus for the oil price that most energy executives milling around at the Oil & Money conference in London gave this week.
That is until John B Hess, the man whose father founded the $120bn oil-exploring Hess Corporation 76 years ago, shook up the room with his apocalyptic outlook for the world’s galloping energy consumption.
The price of $140 per barrel oil was not an aberration. ItSource: subrealism RSS Feed
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