Oil Demand versus Capacity

Wednesday, April 27, 2005 | 11:45 AM

Our Petroleum Wednesday continues, with EIA’s latest monthly forecast, which was prepared before the recent drop in the near-month futures price to just above $50 per barrel, projected WTI prices to stay above $50 per barrel and the U.S. average retail price for regular gasoline to remain above $2 per gallon on a monthly basis through 2006.

click for larger chart


The key to this is the expected ramp up in China's demand for Oil. (More on this later).


This Week In Petroleum
EIA Home > Petroleum > This Week In Petroleum   
April 20, 2005

Wednesday, April 27, 2005 | 11:45 AM | Permalink | Comments (0) | TrackBack (0)
de.li.cious add to de.li.cious | digg digg this! | technorati add to technorati | email email this post



TrackBack URL for this entry:

Listed below are links to weblogs that reference Oil Demand versus Capacity:


The comments to this entry are closed.

Recent Posts

December 2008
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      


Complete Archives List



Category Cloud

On the Nightstand

On the Nightstand

 Subscribe in a reader

Get The Big Picture!
Enter your email address:

Read our privacy policy

Essays & Effluvia

The Apprenticed Investor

Apprenticed Investor

About Me

About Me
email me

Favorite Posts

Tools and Feeds

AddThis Social Bookmark Button

Add to Google Reader or Homepage

Subscribe to The Big Picture

Powered by FeedBurner

Add to Technorati Favorites


My Wishlist

Worth Perusing

Worth Perusing

mp3s Spinning

MP3s Spinning

My Photo



Odds & Ends

Site by Moxie Design Studios™