“I can’t rule out the possibility of an oil supply constraint in 2013 and 2014,” Nobuo Tanaka, Paris-based IEA’s executive director, said in an interview in Tokyo today. “Investments have dropped, and if this continues, an oil crunch would emerge.”
Saturday, April 25, 2009
Economic Pinch to a Crunch
IEA Sees Oil-Supply Crunch by 2013 on Slow Investment (bloomberg)
at
8:35 PM
Labels:
IEA,
Oil Price Spike