Drop in Oil Prices Now, Spike Later

The drop in oil prices over the past couple months may lead to oil spikes in a few years once the global economy rebounds. Its kinda obvious that the prices are going to go in a few years but as plans to increase the energy supplies are being shelved its going to exacerbate the problem later. A lot of oil companies have slowed down their investments by postponing new projects or canceling them altogether. Which is a good reason to be concerned about oil in the next few years.- NYT