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America’s New Energy ‘Problem’
Wednesday, December 19, 2012 13:51
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U.S. oil prices could sink to $50 a barrel at some point over the next two years, according to analysts at Bank of America Merrill Lynch. The U.S. government may have to approve oil exports if it wants the domestic oil boom to continue as $50 a barrel is below the cost of production. –Steve Hargreaves, CNNMoney, 11 December 2012
2012-12-19 13:40:21
Source: http://climatechangedispatch.com/home/10848-americas-new-energy-problem
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