Prices today are much too high, even at 50.
More Quotes from Claude Mandil:
The market will remain tight in the next three years. Upstream and downstream capacity is not enough.Claude Mandil
These projected trends have important implications and lead to a future that is not sustainable, ... We must change these outcomes and get the planet on to a sustainable energy path.
Claude Mandil
The increase in emissions from China alone will exceed the increase in all the OECD countries and Russia combined.
Claude Mandil
It seems that even with very high prices people are willing to consume as much petroleum products as before. That does not help to calm the market,
Claude Mandil
Both have decided to build strategic stocks and we hope to reach an agreement on coordination.
Claude Mandil
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