View Single Post
Old 08-18-2012, 09:26 AM   #3 (permalink)
nemo
Master EcoModder
 
nemo's Avatar
 
Join Date: Nov 2010
Location: US
Posts: 996

Chief - '06 Pontiac Grand Prix
90 day: 19.44 mpg (US)

SF1 - '12 Ford Fiesta S
90 day: 20.31 mpg (US)
Thanks: 192
Thanked 235 Times in 182 Posts
But world demand for crude oil keeps increasing.

“A relatively subdued global oil demand forecast persists for both 2012 and 2013, resulting from the weak economic backdrop,” the report said, with global demand for oil rising just 1 percent with estimated output for 2012 averaging 89.6 million barrels per day (mb/d) and rising to a meager 90.5 mb/d average in 2013.


Source: IEA Cuts 2013 Oil Demand Forecast on Weak Economy - Business News - CNBC
__________________


Last edited by nemo; 08-18-2012 at 09:44 AM..
  Reply With Quote