Sanity Returning To Global Oil Forecasts, But Damage Has Been Done; Expert Study Shows Authored by William Murray via RealClearEnergy, It can be hard to explain to a general audience how important the release of the World Energy Outlook (WEO) is to policymakers, energy companies and investors who make hundreds of billions of dollars in investment decisions worldwide each year. Beginning in the early 1990s, the Outlook included a Current Policies Scenario (CPS) that forecast future oil and natural gas demand over the coming decades based on current laws and government energy policies. This scenario was then used by banks… — Continue at ZeroHedge News : Read More
