[cookcounty]

It’s a world-wide fungible market, and world demand for oil is soaring, due to China (now the leading manufacturer of autos), India, Brazil and other developing nations. Supply-and-Demand analysis needs to include within its scope the entire global market.

[dirtboy]

It’s a world-wide fungible market, and world demand for oil is soaring, due to China (now the leading manufacturer of autos), India, Brazil and other developing nations. Supply-and-Demand analysis needs to include within its scope the entire global market.

Please show where global demand is soaring over the last year. Please show where oil demand over the last few months in the countries you mentioned is soaring.

We were told in 2008 that Asian oil demand was soaring. It wasn't. Which is why the bubble popped.

[UCANSEE2]

Supply-and-Demand analysis needs to include within its scope the entire global market.

Yeah, but that wouldn't help the Democrats and MSM (I know that's redundant) blame the Republicans for the high cost of gas.