Middle East Economic Survey

VOL. XLVII

No 43

25-October-2004

Technology Key To More Oil Supplies In The Future

By Alan Greenspan

The following is the full text of the speech of US Federal Reserve Chairman Alan Greenspan to the National Italian American Foundation in Washington, DC on 15 October.

Owing to the current turmoil in oil markets, a number of analysts have raised the specter of the world soon running out of oil. This concern emerges periodically in large measure because of the inherent...