Quote:
Originally Posted by Slava
In any event I think that the oil industry is pulling the wool over our eyes in a number of ways. I still have no idea how they can never predict supply and demand correctly despite years and years of running their industry. I also have no idea why the "driving season" catches them off guard every year, and on a consistent basis. We know that people are going to drive more, yet every year the refining capacity is not enough...go figure.
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What exactly are they supposed to do about the 'driving' season? Increase production? It takes 3 years for a 1.09billion dollar project in the Alberta oilsands to go from 15,000 barrels per day, to 35,000 barrels per day.