Oil Prices in the 2040s and 2050s

The price is a result of the intersection between supply and demand. The prices are to do with the extent that supply and demand are out of whack. And I think we'll see that for decades. In the 2040s and 2050s, we will see periods of high oil prices. But it may not matter as much as the world economy. David Cameron: Will there be major differences in demand and refining needs across regions?