It's this kind of talk, treating art as if it were an oil future, that makes purists in the art world cringe.
Crude-oil-future prices rose about 1% on the news of Greenspan's remarks.
King Hubbard, associate director of the Exploration and Production Research Division at Shell Oil Company, quantitatively mapped the future of oil production.
Halliburton reported a strong quarter to beat analyst estimates with earnings of 53 cents per share, and even though costs associated with the BP Gulf oil spill could have an impact in the future the oil and gas services firm saw its shares up 3.5%.
The scramble to secure oil supplies now and into the future has contributed to the sharp increase in the price of oil on both the spot market and for future delivery.
But what seems important to me is that the people responsible for forecasting the future price of oil seem decidedly more bullish on its future course.
But there is hope - both for Guernsey and for future oil spill clean up campaigns.
When the cash runs out, the powers-that-be take out short-term, high-interest loans, guaranteed against future oil production.
In return, Beijing gets a big stake in future oil production and a guaranteed oil and gas supply.
Preferring secretive loans from banks, it is borrowing privately at high rates of interest against future oil revenues.
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What are the lessons learned and steps taken to prevent future oil spills and improve responses to the spills that inevitably will occur?
Uncertainties about the future course of pivotal Persian Gulf states like Iran and Saudi Arabia are exacerbating concerns about future oil shocks and their economic consequences.
So there were legislations put in place, hard fought legislations, to, for example, reserve some of the oil revenues for future generations, a future generations fund.
Unless a law is passed, those fines -- which will likely amount to billions of dollars -- could instead be set aside for some future oil spill.
In addition, should the release be structured as a loan rather than an outright sale, effectively borrowing future oil today, market participants would perceive a more bullish forward balance.
The IEA states in its most recent World Energy Outlook that there are many sources of uncertainty surrounding future oil supplies, but the size of the resource base is not one of them.
The Ghanaian Ministry of Finance uses SAP BusinessObjects enterprise performance management solutions to monitor and analyze payments and revenue flows from its hard minerals industry, as well as from future oil and gas production.
We need a clear agreed formula for dividing the revenue from current and future oil and gas fields, and we need to limit the number of provinces that could come together into one big powerful region.
Apparently out of a belief that oil prices will collapse in the near future, making the current gusher of oil industry profits a very short-lived phenomenon.
The future of oil sands is here: they are cost effective and their face is green.
Moreover, the oil industry's future may turn on two things where nimbleness may count for more than size.
Earlier today, the White House Natural Resources Committee voted to block BP from getting future offshore oil drilling leases.
For its part, India has declared an interest in securing a stake in future Russian oil and gas field developments.
The truth of the matter is that, no matter what we do, we are going to need oil for the foreseeable future.
Maybe it's the amount of money allegedly squandered, with little added to the investments Brunei needs for a future beyond oil and gas.
Thus, Dawson takes issue with the view expressed in FORBES (Apr. 6) that new discoveries and new technologies assure plentiful oil through the foreseeable future.
These are essentially presale of the physical commodity for an upfront cash payment and a guarantee to deliver the oil or gas at future dates.
The world will need, and demand, oil for the foreseeable future.
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