[NELSON111]

>>>Demand for fuel will increase with decrease in price.

If it was $80-$100/bbl...then yes. But...the current decrease in oil has nothing to do with demand being restrained by costs. Costs are low enough now and the price of oil is not an impeding factor to productivity. What is causing the low price is the glut in surplus (which will only get worse when Iran comes online) and low demand because the world economy stinks...especially China(who's fake building boom is imploding before our eyes)...and oil could be $10/bbl and there would be no increase in demand.

[central_va]

Demand is going to rise if the price stays like this for a while. People are going to buy low MPG vehicles(SUV's etc.) and start setting thermostats a lot higher. A warm house will no longer be a luxury.

When I think of the Obama Admin I look at it as the time when my house was cold every winter for 8 years.

[bert]

-——What is causing the low price is the glut in surplus——

now there you have it

a prudent man would be stocking up while the prices are low. however since prices have been dropping for some time, the prudent man has been buying and has filled all his tanks and cans and tea cups. Although it would be great to take advantage of the super low prices, if there is no where to put it, it can’t be bought until he sells some of his inventory to make room

when you look at the classic supply and demand curves, there is no limiting value that results from inadequate storage capacity