Tuesday, March 24, 2009
Energy: McKinsey study warns of oil price spike as early as next year
Date: 24 MAR 2009 14:24:44 GMT
As oil producers, natural gas companies and oil drillers lay off
workers and scale back capital spending in the face of the recession
and the global credit crunch, these actions may soon contribute to
another price spike in oil, a report by the McKinsey Global Institute
said Tuesday.
