http://www.globalpetroleumclub.com/taxonomy/term/510/0 en http://www.globalpetroleumclub.com/node/4320 <!-- google_ad_section_start --> <div class="nodgraf"><img src="http://www.globalpetroleumclub.com/_iMg/4320.jpg" alt="" /></div><p>This is a very probable scenario! While it may take as long as 2 years to get there, get there we very well may! Let’s keep in mind that the per barrel price had raised by 350% since 2002. This gives a clear signal that oil price stability is rather limited. Right now worldwide oil production reaches 85 million barrels per day while daily consumption gets to a level of 87 million a day, even while considering the fact that the global economy has somewhat slowed. This 2 million barrel gap is expected to increase in coming years. Moreover there will be high demand for oil in India and China that will cause further rises. ...</p> <span class="clr" /><!-- google_ad_section_end --> <p><a href="http://www.globalpetroleumclub.com/node/4320">read more</a></p> http://www.globalpetroleumclub.com/node/4320#comment Discussions Tue, 02 Sep 2008 14:19:06 +0200 gpc_joanna 4320 at http://www.globalpetroleumclub.com