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Its findings won't be released until November, but the bottom line is already clear: Future crude supplies could be far tighter than previously thought.
Also, at the same time, a lot of changes happened in the forecast for future crude prices.
Today numbers of flying aircrafts and fuel consumption has been doubled and it is difficult to maintain the future crude oil demand.
Energy security and prospects of a future emission-constrained economy are driving these developments of novel non-food crops and varieties in new areas, coupled with domestic agricultural and innovation policies and responses to recent and potential future crude oil pricing.
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The Post article didn't mention the new estimate on the future of crude.
In the futures markets, crude oil prices surged to another record and flirted with $130 a barrel.
United States crude futures rose 0.4 percent.
Floor trading will end April 7 for Brent crude futures.
United States crude futures rose 57 cents, or 2.1percentto to $27.28.
Crude futures closed Friday in New York at $37.71 a barrel.
In London, Brent crude futures rose to $111.25 a barrel.
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