Wednesday, November 28, 2007

Moving Along

I have been staying on top of action in the oil patch, and right now it is very interesting. The latest weekly update suggests a couple of things:1 - Saudi still has spare oil to pump, however it is looking like heavy sour and there is still some question as to how long they can keep it up, and2 - Demand may be dropping, however slowly, year over year. This won't stop a peak from occurring, but

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