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Tanaka of IEA Says Oil May Rise to $150

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Uploaded by on Jan 3, 2008

January 3 (Bloomberg) -- Nobuo Tanaka, director of the International Energy Agency, talks with Bloomberg's Paul George from Paris about the outlook for oil prices, the balance between supply and demand and the need to encourage greater use of nuclear and renewable energy. Oil yesterday reached $100 for the first time and the Organization of Petroleum Exporting Countries is unable to counter the rally, Libyan and Qatari officials said today.

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  • never been a better time to buy oil =)

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