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Oil Glut: It’s The Demand, Stupid!

Monday, March 6, 2017 20:09
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(Before It's News)

by Reverse Engineer, Doomstead Diner

Published on The Doomstead Diner on March 5, 2017

Discuss this article at the Energy Table inside the Diner

I ran across a chart on Bloomberg which is perhaps the best demonstration to date that the Oil Economy is in Full On Collapse mode now. The chart is of Oil Inventory in storage, and covers the last 35 years since 1982 of Oil Inventory in the FSoA, and is the fisrt graphic after the Read more >> jump.

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Source: http://econintersect.com/pages/opinion/opinion.php?post=201703062034

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