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  1. #1
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    simply1's Avatar
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    We can go buy gas guzzlers again!!

    New supply, flat demand will create an oil surplus - Sep. 8, 2010

    "In the last 18 months we've seen this big trend emerge," says David Kirsch, research director at PFC Energy in Washington, D.C. "We spent five to 10 years in a supply-constrained market, characterized by the growth of the BRIC countries [Brazil, Russia, India and China] and concerns over the security of supplies."

    Now, Kirsch remarks, because of the financial crisis and the time it will take to pare down the debt of the major OECD nations, demand growth over the next decade is likely to be lower than previously forecast.


    I don't do signatures. Blondes, brunettes, and red heads are a different story.

  2. #2
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    Re: We can go buy gas guzzlers again!!

    how soon before gas prices go down then? And then back up...


    "Success isn't owned. It's leased, and rent is due everyday" -J.J. Watt

  3. #3
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    Re: We can go buy gas guzzlers again!!

    Too late, bought one 2 years ago



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