Theoretical Maximum of Crude Oil Price (future)

L

local_crusher

Hello,

I am interested whether someone found a sound scientific paper or work what the theoretical maximum of crude prices could be for the future !

While I think, 1000$ is theoretically possible (just assume current production would be 20mb/day under current international econ conditions), I'd say, e.g. 1500$ is not. (means, Oil would be substituted in all cases then)
 
Quote from local_crusher:

Hello,

I am interested whether someone found a sound scientific paper or work what the theoretical maximum of crude prices could be for the future !

While I think, 1000$ is theoretically possible (just assume current production would be 20mb/day under current international econ conditions), I'd say, e.g. 1500$ is not. (means, Oil would be substituted in all cases then)
More...

Provided commercial based quantities of alternatives are available.
 
My example does NOT reflect a realistic situation! (Paper currency value and econ condition would be heavily distorted by Oil supply then)

I am just looking for a paper, publication, something.
 
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