regeya

Oil: The Inconvenient Truth

"longoil: exactly. however, as i opined in the article, i am not so sure the price drop can be blamed on slack US demand as rising consumption in china, russia, india, and the middle east is sucking it up."

Shucks, the extremely publicly available numbers show that, percentage wise, U.S. demand is dropping slowly, while demand in the rest of the world is growing rapidly. However, in real, hard numbers--not percentages--our paltry drop this year WIPED OUT the demand increases from the rest of the world FOR THE PAST TWO YEARS.

I'd point you in the right direction, but heck, you're the one who should have done the homework before you wrote this column, not me.