	ex arco arc chief sees energy crisis by dwindling global  oil reserves and the lack of any major new discoveries in recent years will send the world into an energy crisis by the former atlantic richfield co chairman robert o anderson said it s going to come sooner than anyone thinks anderson told reporters after addressing a houston business lunch i believe we re going to see a change in the world oil markets in two to three years because oil is becoming harder to find anderson who retired from arco last year to form hondo oil and gas co said world oil consumption is approaching mln barrels a day but a current excess capacity cushion of about mln barrels a day will rapidly disappear if you looked around the world you could not scrape up one mln barrels a day in shut in production outside the middle east he said we re soon going to be right back where we were in and anderson predicted that world oil prices would end at about dlrs a barrel and continue a gradual climb there s no way prices can stay flat because there isn t enough supply he said there have been no major oil discoveries for the past to years alaska s prudhoe bay oil reserves the last major world discovery has already produced about five billion barrels of oil or more than half of its estimated reserves he said reuter 
