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  • From: "Lynda" <lurine AT softcom.net>
  • To: <homestead AT lists.ibiblio.org>
  • Subject: Re: [Homestead] Oil demand 'rising faster than expected'
  • Date: Wed, 13 Jun 2007 10:05:11 -0800

Gee, I'll bet when they first did their figures they didn't take into consideration that Ford and GM would find a new market in China and be selling gas guzzlers by the thousands over there. Amazing the little things they forget or don't think of when they make these projections!

Lynda
----- Original Message ----- From: "Rob" <becida AT comcast.net>

http://www.ft.com/cms/s/76a4c516-18d6-11dc-a961-000b5df10621.html

>>World oil demand is rising faster than
previously expected while non-Opec supply is
growing more slowly, the International Energy
Agency has said in its latest monthly assessment of the market.

The IEA now expects demand for oil to rise by
1.7m barrels a day this year compared to last
year - an increase of about 2 per cent - and
non-Opec oil supply to rise by just 900,000 b/d.
That rise in demand is 167,000 b/d more than the
IEA had previously estimated, while the rise in
non-Opec supply is 97,000 b/d less.<<

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