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Unless there is a collapse in demand in the next five to ten years, there will be a serious oil supply crunch ânot because of resource constraints but because of inadequate investment by oil companies. If this happens the resulting price spike will carry serious policy implications with long-lasting effects on the global energy picture.
About: Unless there is a collapse in demand in the next five to ten years, there will be a serious oil supply crunch ânot because of resource constraints but because of inadequate investment by oil companies.
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