Peter Wells, Neftex, on the future of oil and cars

Peter Wells, Neftex, on the future of oil and cars

Dr. Peter Wells is a Non-Executive director of Neftex. Neftex started earth modeling in 2003. The Neftex Earth Model now approaches full global coverage and has application to the Petroleum, Minerals, Finance, Groundwater and Publishing industries, and also to the emerging field of Carbon Capture and Storage.

Wells talks about what the future supply of oil

What will be the supply and the price?

What will happen if the price of oil goes up in the United States? in China?

What will happen to the demand for automobiles in the United States and China if the price of oil goes up in 15-20 years?

About the Author:

Lou Ann Hammond is the CEO of Carlist and Driving the Nation. She is the co-host of Real Wheels Washington Post carchat every Friday morning and is the Automotive, energy correspondent for The John Batchelor Show and a Contributor to Automotive Electronics magazine headquartered in Korea. Hammond is a member of the North American Car and Truck of the Year (NACTOY), Women's World Car of the Year (WWCOTY), and the Concept Car of the Year.