finite supply of oil "revealed"--fails to lower demand!


	finite supply of oil "revealed"--fails to lower demand!

papananook

4-29-2008 11:21 AM

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papananook says:

Duh!

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/13270cea-4ae2-4532-a6df-24b93a71261f/A8D4A643-FA89-4D10-9E50-A39253870418/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://community.livejournal.com/so_very_doomed/579479.html" href="http://community.livejournal.com/so_very_doomed/579479.html" style="font-size: 11px;">community.livejournal.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://community.livejournal.com/so_very_doomed/579479.html"><DIV><FONT face="Arial,Helvetica" size="+1"><I><B>Oil!</B></I></FONT><BR /><DIV>
<A href="http://www.nytimes.com/2008/04/29/business/worldbusiness/29oil.html?_r=1&oref=slogin&ref=world&pagewanted=print">Oil Price Rise Fails to Open Tap</A>.  "As oil prices soared to record levels in recent years, basic economics suggested that consumption would fall and supplies would rise as producers drilled for more oil.  But as prices flirt with $120 a barrel, many energy experts are becoming worried that neither seems to be happening. Higher prices have done little to suppress global demand or attract new production, and the resulting mismatch has sent oil prices ever higher."  </DIV><BR />Hmph!  Imagine that!  There's no spare production capacity.  It's like there's a finite supply of oil or something!</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/A8D4A643-FA89-4D10-9E50-A39253870418/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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