Common Sense Capitalism
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- Mar 14, 2010
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There's been a good deal of talk about the future of the environment, BP, and energy regulations as a result of the oil spill.
However, very little has been discussed about the future of oil economics. If this moratorium on offshore drilling goes longer than 6 months, does this cause oil prices to rise dramatically?
What does this do for future oil supply (considering new offshore drilling is going to be delayed).
But most of all, will this contribute to the price of oil in the future?
However, very little has been discussed about the future of oil economics. If this moratorium on offshore drilling goes longer than 6 months, does this cause oil prices to rise dramatically?
What does this do for future oil supply (considering new offshore drilling is going to be delayed).
But most of all, will this contribute to the price of oil in the future?