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To: mac_truck
I seriously doubt the demand for oil is decreasing worldwide

The total growth is near stopping while the US production is climbing ~100,000 barrels per day per month.

38 posted on 12/11/2014 6:48:32 AM PST by thackney (life is fragile, handle with prayer.)
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To: thackney

Per your charts worldwide oil consumption grew from 83 million bpd in 2009 to 92 million bpd in 2014.

Lower prices will only stimulate consumption, so where is the slow down forcast coming from?


41 posted on 12/11/2014 7:01:53 AM PST by mac_truck ( Aide toi et dieu t aide)
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