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OPEC sees huge oil oversupply if no action taken

The world faces a huge oversupply of oil next year if leading producers fail to reduce output, OPEC Secretary General Abdullah al-Badri said on Tuesd[...] read more »
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10 Fast Facts About the Declining World Oil Supply

The world economy runs on oil to a frightening degree. We'll never absolutely run out of oil, but we will run out of the cheap and easy oil, which [...] read more »
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The Date to Watch for the Ticking Oil Time Bomb...March 11th!

If the Saudi Arabia protests cause a big enough stir, it could interrupt oil production there and drive oil prices back to their old highs of $147 a [...] read more »
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