Chart of the Day: Crude Oil Production & Energy Demand

This is a fairly informative graph from Gregor.us, which gives a fundamental sense of which way crude prices are heading in the next few years.   NORF!

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4 Responses to Chart of the Day: Crude Oil Production & Energy Demand

  1. David Jones's avatar David Jones says:

    And we don’t need alt energy, and global warming is a myth, right! Oh, and if oil prices go up what does this mean for inflation in general given that oil is a major input in many products. More drilling, more transporting, more spills which is great for the environment. Maybe a double dip wouldn’t be so bad after all as long as I am not the one being dipped. Decision points, decision points, my gosh!

  2. Chico's avatar Chico says:

    Maybe crude will enter the realm of the rare earffs…

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