Predictions For The Price of Oil
At various points in the book, Roberts makes cautious predictions for the price of oil. These were soon proved to be, if anything, too optimistic. For example, citing Arab Oil and Gas magazine as a source, Roberts wrote that "in the next five to ten years", if there were to be any large disruption in supply, "prices could easily be bid up past sixty dollars a barrel and kept there for months". In fact, prices passed the sixty-dollar mark as early as June 2005, thirteen months after the book was first published.
Read more about this topic: The End Of Oil
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