May 20 Paris news, the United States, "The Wall Street Journal" today quoted the International Energy Agency (IEA) estimates published report said that global oil companies and investment companies have been canceled or postponed so far about 170 billion U.S. dollars of energy investment, energy investments substantially force is likely to reduce the price of crude oil in the next 3 years, rose sharply.
According to the U.S. "Wall Street Journal" said, the global energy investment will mean a substantial reduction in the future of global oil production will reduce the two million barrels a day. At the same time, at least in the next 18 months time, global oil supply capacity will be delayed a day about 4.2 million barrels a day.
The United States, "The Wall Street Journal" said that this will be submitted to the weekend in Rome, Italy at the G-8 energy ministers with special emphasis on the study of the world is facing a growing shortage of oil supply risk. The report holds that once the resumption of global economic growth, global oil supply may soon become stress and scarcity.
Source: www.in-en.com May. 21, 2009
