prisser

Insiders Preparing for Major Drop in Oil Prices

Your statement "But demand for crude has not doubled between the Fall of 2007 and Summer of 2008. Prices have… and then some.", infers that oil price doubling is out of whack because world wide demand has not doubled. Suppose insulin supply was slightly in excess to demand, as is oil. If supply was to drop even slightly below demand where some people could not get some, the price would go up astronomically driven by those bidding against each other to make sure they are not one of the few without.

Marshall