IEA: Demand surge will drive prices
Anthony Deutsch Associated Press Writer
Global energy needs will surge 50 percent by 2030 and prices will rise if capacity is not significantly increased, the International Energy Agency said Nov. 7 in its 2005 World Energy Outlook.
There are sufficient oil and natural gas reserves to meet those needs, particularly in North Africa and th....
[additional news subjects in this story]
Production facilities will ease prices Two-thirds of demand increase from developing countries Also alternative energy scenario
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