Like Natural gas, Global oil reserves decreasing – Jim Rogers Blog 07-09-13

Salient to Investors:

Jim Rogers writes:

  • The oil and gas boom is not quite the boom that the press seems to think it is.
  • Natural gas wells decline very quickly and reserves may not be what we thought. Oil wells decline at the rate of 38 to 69 percent in the first year, depending on who you believe.

Read the full article at  http://www.jimrogers.info/2013_07_01_archive.html

Click here to receive free and immediate email alerts of the latest forecasts.