branson warns of oil crunch in five years

Guardian | Sir Richard Branson, founder of the Virgin Group, will say the coming crisis could be even more serious than the credit crunch. Photograph: Peter Schneider/EPA
Sir Richard Branson and fellow leading businessmen will warn ministers this week that the world is running out of oil and faces an oil crunch within five years.
The founder of the Virgin group, whose rail, airline and travel companies are sensitive to energy prices, will say that the ­coming crisis could be even

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