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Old 09-06-2015, 12:22 PM
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casp0555 casp0555 is offline
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Join Date: Feb 2012
Location: Humble,Texas
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enjoy it while it lasts

http://www.foxbusiness.com/investing...ut-oil-prices/

"there is an even greater long-term risk to the global economy from the lower oil prices of today because of the lack of investments being made in non-OPEC production during the downturn. Oil companies around the world are deferring and canceling expensive long-term oil projects that are needed to meet future demand. These projects will be needed because the depletion of oil reservoirs means that global oil production declines at a 4% rate per year, while demand has been increasing by roughly 1% per year because of economic and population growth."
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