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I think I'll just hold on to my old car for a while. |
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Just stopping in for my daily routine of flipping Donger's avatar the bird.
That felt good. |
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U.S. oil demand fell nearly 5 percent in January: EIA
http://finance.yahoo.com/news/brent-...150929452.html WASHINGTON (Reuters) - U.S. oil demand in January was 169,000 barrels per day more than previously estimated, but down 853,000 bpd from a year earlier, the Energy Information Administration said on Monday. U.S. oil demand in January was revised up by 0.93 percent to 18.268 million bpd from the EIA's earlier estimate of 18.099 million bpd. Demand fell 4.46 percent from the 19.121 million bpd posted for the same month last year. |
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To me, this proves that it doesn't matter how little we consume, gas prices are going to go up due to world demand. It seems we should be exploiting every resource we have...
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Honest question. I'm pretty dumb to this stuff, and am curious where someone with some intelligence on the matter stands. |
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