[lbo-talk] oil supply

[Steven L. Robinson]

I don't know about the rest of the country, but gas prices have skyrocketed in Caliifornia in recent weeks - $ 3.25 per gallon or higher. SR

-------------- Original message -------------- 
From: Doug Henwood <dhenwood at panix.com> 


> [This is from Ed Hyman's daily commentary. Hyman is Wall Street's 
> favorite economist, and ISI is his shop.] 
> 
> Mike Rothman of ISI-New York: "Despite still evident concerns in the 
> market about 'peak oil' and supply availability, 2007 looks to see 
> the largest non-OPEC supply gain in nearly 30 years. It's also 
> interesting to note that global oil demand growth appears to be on a 
> much weaker trend than generally believed." 
> 
> 
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