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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (350766)	9/17/2007 8:47:54 AM
From: Road Walker	Read Replies (2) of 1574096

How much do you think we should invest in alternatives and conservation if we are already past the "peak"? Do the math--- In its latest Oil Market Report, released on Wednesday this week, the IEA reduced its global oil product demand forecast to 85.9 million b/d in 2007 (+1.7% over 2006) and 88 million b/d in 2008 (+2.4%). In the meantime, world oil supply fell by 430,000 b/d to 84.6 million b/d in August and the IEA said project delays and extended field outages presented risks to 2008's supply growth. busrep.co.za; Let's see, 84.6 b/d produced - 85.9 consumed b/d = deep shit

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