THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING

Oil Futures

Some experts believe the age of oil is near its end. Others insist that there are trillions of untapped barrels left -- and that the future of oil depends more on what happens above ground than below.

By Drake Bennett
February 26, 2006

E-mail this article

Invalid E-mail address
Invalid E-mail address

Sending your article

Your article has been sent.

Text size +

ACCORDING TO ''The Prize," Daniel Yergin's Pulitzer Prize-winning 1991 history of the oil industry, the dawning of the automotive age was a time of deep pessimism about America's oil supply. World War I had just ended and few new fields had been discovered. Crude was in such short supply that some refineries were running at half capacity. ''Leading geologists," wrote ... (Full article: 1725 words)

This article is available in our archives:

Globe Subscribers

FREE for subscribers

Subscribers to the Boston Globe get unlimited access to our archives.

Not a subscriber?

Non-Subscribers

Purchase an electronic copy of the full article. Learn More

  • $9.95 1 month archives pass
  • $24.95 3 months archives pass
  • $74.95 1 year archives pass