VSD

Expect Slow Growth of Crude Oil Demand

is not about demand, it is about the dollar.

Has Oil Topped in the Near Term? Perhaps.

Oil is discounting the falling dollar better than the dollar itself; that is why this gravity defying rise.

Iraq Production, Conservation Could Keep Oil Price in Check for Years

You are not taking into account increasing demand for energy that we are likely to see given the unprecented availability of capital because of liquidity in the system. If everybody in the world only drives 1mile/day more, we consume all excess oil in the system.

A $40 Bottom in Oil?

AT $48/b Saudis will start running a budget deficit. You will see bigger cuts in production as oil drops from current levels.

$200 Oil: Before Decade's End, Not Year's

Oil is headed down until end of olympics. The supply has not increased and is not expected to increase meaningfully until end of 2009. So we will see $150-$170 oil this yea.r