Forum Discussion
AO_hitech
Jul 10, 2008Explorer
Strawfoot wrote:
Isn't it just possible that the demand for crude oil has finally surpassed the maximum output.
No. The price of oil has more than doubled. The demand just isn't going up even remotely enough to justify that increase. And, lately the supply has likely increased more than the demand (the real demand for use, not the demand by those purchasing it without ever using it).
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