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| November 01, 2002 | COPYRIGHT 2002 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From ABIX - Australasian Business Intelligence: Shares)

Kennett S Deffeyes claims in his book "Hubbert's Peak" that supply of and demand for oil will reach a balance between 2004 and 2008. Oil companies will react to shrinking oil reserves by buying them. Royal Dutch Shell has already started an aggressive acquisition program. ...

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