U.S. Petroleum Production Rises…While Consumption Drops

| November 14, 2011

This is all very positive for the U.S. So, now you know. The longest and deepest recession in the post-war period reduced oil consumption by 12.8%.  At the same time production is bouncing to the upside.  The next thing you know, the price of gasoline will start to drop…or perhaps it defies the law of gravity […]

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