Excellent article from FinancialSense.com:
"As the cost of crude oil has soared in recent years, the amount produced hasn't kept pace with demand. Worldwide oil production has barely budged, despite record prices. Since 2004 the price of oil has gone from $33 per barrel to $132 – meanwhile production has risen just 1.8 percent, to 84.6 million barrels per day. "
continue reading
Wednesday, June 18, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment