Thursday, September 20, 2007

Curbing consumption: the price of oil and gas supply gaps

Wednesday, September 19, 2007

(NOTE: This is the second of a series of releases on the debate on and implications of Peak Oil which will be the main subject of the upcoming ASPO-USA World Oil Conference, Oct. 17-20, in Houston. For conference information and program details: http://aspo-usa.com/aspousa3/index.cfm.)

HOUSTON, TX - As long as energy prices remain affordable for the general public, who needs to be concerned about depleting oil and natural gas reserves? That's a dangerous attitude to have in today's energy environment, suggests the Association for the Study of Peak Oil & Gas (ASPO)-USA.

ASPO's 3rd Annual World Oil Conference is at the Hilton Americas in Houston Oct. 17-20 and Honorary Co-Chairman and energy industry veteran Henry Groppe of Groppe, Long & Littell says the prospect of implementing price rationing to allocate constrained supplies isn't well understood. Read More

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