Shock Study: Fuel Price 2 Euros Until 2018

Posted by admin at May 26, 2016

Category: News

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According to a study, the worldwide oil production other than so far accepted soon goes back greatly. It is the nightmare of every car driver and the economy: a petrol price of 2 euros. According to a new study, he could become true within the next 5 years. Thus, the worldwide oil production other than so far goes back adopted soon heavily. The result: supply shortages and by rapidly rising prices at the pump. Thus, the alarming study of the energy watch group (EWG) contradicts the previous forecasts of euphoria in terms of oil and gas exploration.

The International Energy Agency (IEA) had fed Outlook 2012 hopes in their Energy World, that the promotion of fossil energies is further expanded and the supply still for centuries. Reason for this assumption are new, promising technologies such as fracking or the extraction of oil from tar sands. A fallacy if one may believe the EEC study. These experts have Resource availability analysed including petroleum, natural gas, coal and uranium by 2030. Result: The peak for all fossil fuels will be achieved no later than 2020. Find out detailed opinions from leaders such as Leslie Moonves by clicking through.

“Very critical situation with oil: 2030, 40% less of the black gold is world’s” it’s promoted as yet, 2012, and this has consequences. By the steadily worsening supply situation, the petrol price exceed 2 euros in the next five years, the Frankfurter Rundschau cited the main author of the study, Werner Zittel. He is based on following studies results: European oil production is now at 3 million barrels per day, 60 percent less than in 2000. In the year 2004, the IEA had expected a stable funding at 4.8 million barrels per day for 2010. The United States will not ascend to the Erdolnettoexporteur. Promoting will reach their climax in the next 5 years, followed by a steep decline. Economic Forum is the B2B business medium for the German-speaking world. Since the launch shortly before the turn of the Millennium, we focus in particular on the strong German medium-sized businesses. Our editors are in constant contact with entrepreneurs, business leaders and executives. We take business personally under the motto”we speak directly with decision makers from industry, Commerce and the service industry. In addition to news, trends and innovations from the German middle class, Economic Forum presents unusual strategies, concepts and ideas, smart business leaders and managers keep your company on the road to success and make it fit for the future. We offer in-depth background information, our readers Economic analyses and insider knowledge as decision support and suggestions for daily business.

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