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Page added on August 19, 2005

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EIA says: Oil demand will outstrip supply

So here it is:

The EIA officially is stating that oil demand will outstrip supply in the fourth quarter of this year. And again in 2006. Just look at the forecasts in this pdf sheet:
http://www.eia.doe.gov/emeu/steo/pub/3tab.pdf

I wonder what it will do with the oil-price, as it is already going sky high, even as supply is just enough!



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