Thursday, May 15, 2008

Oil Supply vs. Demand

I wonder if much of the debate about the run-up of oil prices could be resolved simply by looking at this graph. The Age of Aquarius at the Association for the Study of Peak Oil.


World Oil Supply & Demand (all liquids) from 2003-
2007
Source: EIA supply and demand data

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Israel Cannot Lie About Or Escape Its Conspicuous Kinetic Vulnerability

nakedcapitalism |   Israel has vowed to respond to Iran’s missile attack over the last weekend, despite many reports of US and its allies ...