You could easily relate the surge of oil supply to the tide coming in....it could go out just as quickly. Demand can't use up the 6.7 million barrel of excess inventory beyond the 1.5 million barrel build that was expected. 2008 increase in oil pricing did that to us today. We are looking at the 2nd half of the year to use up that inventory.
Awash in Fossil Fuels [View article]