$200 oil in 2020? The impending energy crisis and biofuels’ role in relieving the refining capacity crunch

“The global economy likely faces an economic crash of horrible proportions in 2020, not for want of a nail but want of low-sulfur diesel fuel,” writes renowned energy analyst Phil Verleger in a note this month titled “$200 Crude, the Economic Crisis of 2020, and Policies to Prevent Catastrophe”. Not good timing for a White House … Continue reading $200 oil in 2020? The impending energy crisis and biofuels’ role in relieving the refining capacity crunch