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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?


To: Ron who wrote (5038)11/10/2006 6:43:59 PM
From: Wharf Rat  Read Replies (1) | Respond to of 24208
 
Darwinian on Friday November 10, 2006 at 4:14 PM EST
The IEA is out with this months Oil Market Report They have world oil supply (All Liquids) up 100 kb/d to 85.3 mb/d. However last month they had the oil supply down 185 kb/d to 85.4 mb/d. So the oil supply rose in October to 100 kb/d below where they had it last month.
Actually this means they revised last months figures down by 200 kb/d. They just neglected to point this out. Most revisions these days are down, not up.

Ron Patterson
theoildrum.com