[lorenavedon]

Originally Posted by Realtor 1

those much more in tune with the situation, how do you argue this?

http://calgaryherald.com/opinion/col...by-this-summer

there's an ocean filled with these just sitting at sea storing oil due to lack of demand. It's going to take quite a bit for demand to catch up to every increasing supply. Demand is growing far less than expected and more and more supply is coming on the market. China is slowing down massively (even more so than official numbers lead on), so is Europe and the US. Not good for demand. 2015-2016 is going to be rough.