John Hemming's Web Log John's Reference Website
Tuesday, July 15, 2008
  Government's Forecast Oil Prices
The government have responded to my question about Oil Price Contingency Planning. They have a BERR Page with forecast oil prices. Extracting from that table the following prices in USD per blue barrel for each year and assumption are:
YearLowCentralHigh"High High"
200773737373
2010456585107
2015456890150

They dont "feel the need to build contingency plans specifically for peak oil".

Well we already are above "high high".
 
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better brent chart

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Published, promoted, and printed (well not really printed I suppose, more like typed) by John Hemming, 1772 Coventry Road, Birmingham B26 1PB. Hosted by blogspot.com part of Google.com 1600 Amphitheatre Parkway Mountain View, CA 94043, United States of America. This blog is posted by John Hemming in his personal capacity as an individual.

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