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<blockquote data-quote="The Other Side" data-source="post: 1430194" data-attributes="member: 17969"><p>NO. GLUTS are not the product of slowing economies. Changes in consumer consumption is causing the gluts in todays oil world.</p><p></p><p>Even with cutting production back to levels unheard of, oil continues to stockpile.</p><p></p><p>Think about it, from BUSH telling us that oil was being produced at 99.9% of capacity and supply didnt meet demand to today where oil is being produced at near 65% capacity and there is a glut.</p><p></p><p>Its all a scam. </p><p></p><p>We are the suckers.</p><p></p><p>TOS.</p></blockquote><p></p>
[QUOTE="The Other Side, post: 1430194, member: 17969"] NO. GLUTS are not the product of slowing economies. Changes in consumer consumption is causing the gluts in todays oil world. Even with cutting production back to levels unheard of, oil continues to stockpile. Think about it, from BUSH telling us that oil was being produced at 99.9% of capacity and supply didnt meet demand to today where oil is being produced at near 65% capacity and there is a glut. Its all a scam. We are the suckers. TOS. [/QUOTE]
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