Thursday, March 11, 2010

Looking for oil demand in wrong places... Jeff Rubin provides observations on oil supply & demand globally... "While the U.S. oil inventories data pertains to the largest oil-consuming nation on the planet, it is no more indicative of world demand than U.S. oil production numbers are indicative of world supply. Both are in terminal and irreversible decline"...
http://www.theglobeandmail.com/blogs/jeff-rubins-smaller-world/looking-for-oil-demand-in-all-the-wrong-places/article1494934/ (3*)

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