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Article: Proper Power & Energy Comments on Predicted Oil Shortfall for 2010 and 2011.
- Article from:
- Energy Weekly News
- Article date:
- October 9, 2009
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Proper Power & Energy, Inc. (BULLETIN BOARD: PPWE) commented today on some analysts' predictions regarding future oil prices. The analysis was based on the assumption of continued demand growth, continuing decline of old oil fields and expected new production from announced oil megaprojects. Analysts predict that we should expect oil markets to be tighter than at present through 2012 followed by even more need for demand destruction from 2013 through 2015. Additional downward pressure on crude supplies is expected to mount from growing political demand to curb oil imports from foreign sovereigns and off-shore drilling.
"Proper Power is well positioned to begin ...
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Article: Proper Power & Energy Comments on Predicted Oil ...
U.S. Newswire;
September 18, 2009 ;
700+ words
... ... 18 /PRNewswire-FirstCall/ --Proper Power & Energy, Inc. (OTC Bulletin Board ... sovereigns and off-shore drilling. "Proper Power is well positioned to begin domestic ... prices," stated Joe Abdo, President, Proper Power & Energy. "The Company believes there ...
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