news.xinhuanet.com reports:
U.S. investor Jim Rogers has said that the decline in known oil reserves across the world is the main reason behind the skyrocketing oil prices that have already topped 145 U.S. dollars a barrel. While admitting that factors driving up oil prices are various, Rogers insisted that short oil supply was the fundamental factor pushing oil prices up all the way.
LINK TO FULL ARTICLE: news.xinhuanet.com
The Jim Rogers Project 