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Reply #12: Demand has NOT been down since 2005. Demand only began to [View All]

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Subdivisions Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-30-10 01:32 PM
Response to Reply #9
12. Demand has NOT been down since 2005. Demand only began to
Edited on Mon Aug-30-10 01:44 PM by Subdivisions
falter just two years ago. So, explain why oil production began to decline at a time when it was most in demand in all of history.

And, btw, it began to decline despite the highest prices per barrel in history, leading to a high of $147/barrel in July of 2008.
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