Globe & Mail – ERIC REGULY Oil is still in demand – it’s the glut that’s hurting the price

http://www.theglobeandmail.com/report-on-business/rob-commentary/oil-is-still-in-demand-its-the-supply-glut-thats-hurting-the-price/article28463255/

NO MATTER HOW YOU SLICE THAT GLUT, THE GUT OF THE MATTER REMAINS THE SAME. PRICE UP, MORE OIL FROM ALL SOURCES HITS THE MARKET. DEMAND AND SUPPLY EQUATION HAS CHANGED. AND ISN’T GOING TO CHANGE NOW THAT ALTERNATIVE ENERGY SOURCES OF MOVING VEHICLES IS NOT ONLY IMPROVING, BUT GETTING SLICKER, FASTER, BETTER, CHEAPER AND MORE ABUNDANT EVERYWHERE.

WHAT’S GOING TO HAPPEN IS THAT OIL LIKE ALL OTHER SUPPLY AND DEMAND LOGISTICS IS THE DOT POINT THAT IS GOING TO DO ITSELF IN ONCE THE PRICE OF OIL HITS THE SAME BELL CURVES OF PRICE, SUPPLY DEMAND. IN OTHER WORDS… IT’S GOING TO DO ITSELF IN. SUICIDE BY PRICE. PEOPLE ARE GOING TO SHOP ELSEWHERE FOR SOLUTIONS.

SO WHAT’S THE REAL REASON BEHIND THE GLUT ??? FUEL EFFICIENT CARS, A SHITLOAD OF SMALLER CARS AND PEOPLE GETTING FED UP BEING HOSED AT THE PUMP !

SIMPLE MATH – IT’S ABOUT PEOPLE – STUPID ! NOT JUST SUPPLY

WANNA BET !

DIDN’T LIKE THAT HUH. OKAY BURN THE BUILDING TO THE GROUND THE SAME WAY YOU KEEP TURNING OFF THE POWER EVERYTHING SOMETHING HITS THE MARK.

YOU’VE GOT MY BLESSING, IN THE NAME OF THE FATHER, SON…. AND ME !

:~)

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