Cheap oil is gone for good

A recent document added to the library of the DWS Global Financial Institute points out that investors should look to renewables and clean-tech as the global oil supply becomes scarcer from 2020.

Among the key changes the DGFI research points to includes:

   – By 2020 oil will become scarcer but demand for energy will increase.

   – Global oil production stability depends upon 30 countries.

   – Further political unrest in producer countries could temporarily restrict oil output.

   – To quell unrest some governments are providing the domestic population with unsustainably low cost oil.

   – Data suggested that once ‘peak oil’ (the maximum level of oil production) has been reached, the global economy will face a prolonged oil crisis.

   – Investors can benefit from the long-term trend towards more efficiency, renewable energy and clean technology.

   – Oil prices- never before in the 21st century has the oil price been so volatile- the era of cheap crude oil (below $30) is gone for good.

To read the full research document click here: [asset_library_tag 5071,White Paper: Peak Oil]



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