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Obama predicts rise in price of oil

Обама прогнозирует подорожание нефти

Us President Barack Obama said that the price of oil sooner or later will return to growth, according to National Observer.

Obama believes that despite the current prices, oil will go up, because it is a limited resource and the process of its production will be more costly.

Obama urged to implement environmentally friendly sources of energy. “Technology is moving forward, developing solar energy, wind energy, hydropower, bio-reactors, and the technology, which we recently did not even wonder,” said he, speaking at a summit of leaders of the countries of North America in Ottawa.

The leaders of the United States, Canada and Mexico agreed to establish a partnership for the preservation of the environment in which intend to increase the share of clean energy in the continent by 2025 to 50 percent of the total output.

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