Current /CL:NMX Stock Info

“Production from the North Slope of Alaska and the North Sea of Europe, burgeoning oil regions 20 years ago, is in decline. Unrest in Venezuela and Nigeria threatens the flow of oil. The Middle East remains the mother lode of crude, but war and instability underscore the perils of depending on that region.”
The points above came from an archived feature story by National Geographic called “The End of Cheap Oil.” That was the magazine’s cover story in June 2004. Amazingly, these statements hold the same meaning as if the feature were to be publ...


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