Ford VP : Oil production is peaking

In a keynote address to the Society of Automotive Engineers' "Global Leadership Conference at The Greenbrier," Mark Fields, Ford executive vice president and president of the Americas, noted that the auto industry faces seven specific and serious challenges, one of them being that oil production is peaking.

The SAE Greenbrier conference, first held in 1950, is an annual event attended by automakers, suppliers and business leaders.

(2005-10-20 12:36:41 SGT) [Energy] Permalink

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