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aceventura3 · 07-21-2008, 11:52 AM

I was not able to find more current global fuel oil consumption information, but this graph shows the trends from 1995 to 2005.

BP - Statistical Review charting tool

This chart shows proven oil reserves.

BP - Statistical Review charting tool

This chart shows oil production.

BP - Statistical Review charting tool

I know the obvious problems with showing these three graphs together and trying to draw conclusions, but through 2005 the general trends suggest that we are doing a good job of finding new proven reserves, increasing available supply, and moderately controlling demand. The information I find consistently leads me to the conclusion that the recent price escalation has less to do with normal supply and demand and more to do with other factors..

07-21-2008, 11:52 AM	#75 (permalink)
aceventura3 Junkie Location: Ventura County	I was not able to find more current global fuel oil consumption information, but this graph shows the trends from 1995 to 2005. BP - Statistical Review charting tool This chart shows proven oil reserves. BP - Statistical Review charting tool This chart shows oil production. BP - Statistical Review charting tool I know the obvious problems with showing these three graphs together and trying to draw conclusions, but through 2005 the general trends suggest that we are doing a good job of finding new proven reserves, increasing available supply, and moderately controlling demand. The information I find consistently leads me to the conclusion that the recent price escalation has less to do with normal supply and demand and more to do with other factors.. __________________ "Democracy is two wolves and a sheep voting on lunch." "It is useless for the sheep to pass resolutions on vegetarianism while the wolf is of a different opinion." "If you live among wolves you have to act like one." "A lady screams at the mouse but smiles at the wolf. A gentleman is a wolf who sends flowers."