Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (88232)	3/22/2012 7:55:44 AM
From: dvdw©	Read Replies (4) \| Respond to of 218819

Oil imports currently running at 1995 levels 7.4 mln....and sure to fall. peakoil...peaked. eia.gov

To: elmatador who wrote (88232)	5/1/2012 9:22:08 PM
From: Snowshoe	1 Recommendation Read Replies (1) \| Respond to of 218819

Crude oil stocks in U.S. at historic highs as American gasoline usage declines denverpost.com Consumer demand for gasoline in the U.S. started faltering in 2005 and has been falling "very sharply" since 2007, said Houston-based oil industry analyst Pavel Molchanov."We think (demand) is going to go down in perpetuity," Molchanov said. "Probably the most gasoline that will ever be consumed in the United States was in 2007, and it will all be downhill from here," Kidd said. People are driving less because of the recession and the aging of baby boomers, said James Beck, a lead petroleum supply analyst for the Energy Information Administration. Newer cars get better mileage and are replacing gas-guzzling older ones, and people are using other means of transportation; Amtrak ridership rose 4.5 percent in 2011 to a new high, Molchanov added.