“There are signs that the age of petroleum has passed its zenith. Adjusted for inflation, a barrel of crude oil now sells for three times its long-run average. The large western oil companies, which cartellised the industry for much of the 20th century, are now selling more oil than they find, and are thus in the throes of liquidation.”
Quote by James Buchan
Author
James Buchan
James Buchan is a Scottish novelist known for his historical novels and biographies. His works are often set against the backdrop of Scottish history, delving into the intertwining of individual fates with the ebb and flow of the times. more
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