Impeach George W. Bush Message Board

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Politics : Impeach George W. Bush

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To: American Spirit who wrote (41983)	8/28/2005 6:07:09 AM
From: Wharf Rat	Read Replies (2) of 93284

Those four moves will bring oil prices down by 30% at least, Wrong; the only thing which will bring down the price is a worldwide recession reducing demand. Otherwise, it is only going up; there isn't enuf to go around.... EIA: Demand will Outstrip Supply in Q4 '05 and Q1 and Q4 of '06 The Oil Drum Friday, August 19, 2005 theoildrum.blogspot.com Something we've talked about already, but more evidence of it. The EIA officially is stating that oil demand will outstrip supply in the fourth quarter of this year, as well as in Q1 and Q4 of 2006. (hat tip: peakoil.com) The link to the .pdf report can be found here: eia.doe.gov

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