[ranchlandsselling]

Originally Posted by burn_this_city

Has demand really fell though? We might be a bit oversupplied, but last I heard demand was 92M BPD, which is almost 10% higher than 5 years ago.

http://www.eia.gov/forecasts/steo/report/global_oil.cfm

Not to mention a recovering US economy that can stoke demand as well as increased use of oil and gas as an input due to its low cost. I'm certainly not paying as much attention at the pump with gas below $1.00... Just wish it was summer time!