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Oil issues: The race for resources

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July 2007


Contrary to popular belief, more energy demand does not necessarily mean supplies will be exhausted any sooner.

In the short-term, increased demand from 2.4 billion people in China and India - without taking into account other emerging economies in Asia - could push up prices and open new sources.

"I don't think energy is a zero-sum game," said Kaustav Mukherjee, of international consultancy AT Kearney. "The industry doesn't work that way."

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