Report Offensive Message

World oil supply is up:

http://omrpublic.iea.org/world/wb_wosup.pdf

Total demand for all products is cratering:

http://omrpublic.iea.org/demand/oc_tp_dg.pdf

Which is why I disagree with their projection for 2012:

http://omrpublic.iea.org/world/wb_wodem.pdf

There is just no way you can reconcile the cratering demand for product in the second chart with the projected demand in the third chart.