[Peakoil] [Peakoil-announce] Gasoline stockpiles falling dramatically

Keith Thomas keith at evfit.com
Tue May 15 21:24:08 EST 2007


On 15/05/2007, at 2:28 PM, Alex P wrote:

Forwarded from the ROEOZ list.

More evidence that the Peak has happened, OECD nations have drawn down
nearly 1 million barrels per day from stockpiles during the first 
quarter
just to keep prices stable. World production is approx 85 millions 
barrels
per day. Demand is outstripping supply.
===========

Kunstler reckons we hit the peak about a year ago.

keith



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