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OIL’s not Well
USA - Green Car Congress - December 12, 2004 -- In the latest Oil Market Report, the IEA has kept its projection of oil demand for 2004 unchanged at 82.4 million barrels per day, and trimmed its previous growth forecast for 2005 by 80k barrels per day, bringing it down to 83.8 mbpd. The IEA projected a slower rate of growth in demand next year because of an expected slowdown in economic growth and oil demand in China. That slowdown, however, remains a major wildcard....
posted by Unknown @ 4:40 PM
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