Forum Discussion
LindsayRichards
Jun 13, 2014Explorer
The problem now is the in modern history the oil producing states have always had the ability for supply to outstrip demand. Now many countries ability to produce is declining for maintenance or political reasons, the demand is outrunning the supply. The recession has cut back on demand has helped. Iraq's production went was down and was recently coming back. Not sure what will happen now. We need to have it all here.
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