“Despite much higher oil prices, global demand for oil increased by more than 5 million bpd in the past five years. In fact, global oil consumption has increased in 18 of the past 20 years.”
http://www.investingdaily.com/22006/oil-demand-is-not-declining-2/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Greenwald: ACLU Attacked for Defending Neo-Nazis’ Free Speech Rights
Quagmires Are Often Just a Few Steps Away
James Bovard: Washington secrecy is creating a know-nothing democracy
Doug Casey: U.S. of Totalitarianism
'Are We Rome?’ Was A Questioned Asked and Answered Long Ago
Travelers in the VIPR's Nest
Ron Paul: Iraq Collapse Shows Bankruptcy of Interventionism
Where in the World Is It Safe from Terror?
Why Cops Bust Down Doors of Medical Pot Growers, But Ignore Men Who Keep Naked Girls on Leashes
Glenn Greenwald: Three key lessons from the Obama administration's drone lies
Edward Snowden's not the story. The fate of the internet is
Why Are Bond Yields Falling as Stocks Rally?
Hackers Can Use Your Car to Kill You
Pot Legalization Is Coming
Bill Bonner: What does real estate want to do?