Herrera: Oil price drop temporaryAlaska-based energy consultant sees oil price average in 2007 similar to 2006 with gradual annual increase in years to come; conservation, oil sands won't fill gap as oil output declines Kay Cashman Petroleum News
In June 2006, Petroleum News asked its favorite oil price guru, energy consultant Roger Herrera, if crude oil would plummet to $40 a barrel in the foreseeable future as predicted by BP’s CEO Lord John Browne.
“That’s quite a reasonable proposition,” Herrera said two weeks after Browne’s comments wer....
[additional news subjects in this story]
Thirty years since last big discovery Nonconventional oil won’t cut it Conservation could play a role Bad news for United States from Mexico
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