If the economy is really expanding, then why is.....
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- Oil use continues to be more efficient (more efficient cars purchased every year, emissions down, etc.)Feb 17, 2013
- If only the US was the only country that used oil... then the drop in demand might actually mean a drop in prices.Feb 17, 2013
- It's not impossible though you have to be careful with that data. Petroleum deliveries can be down due to refinery constraints or because sustained high prices have structurally reduced demand. Also the economy can expand without adding jobs due to increased automation.Feb 17, 2013
- The U.S. is also in the midst of a oil revolution: US could wind up as the top oil producer: http://blogs.the-american-interest.com/wrm/2013/01/18/great-oil-expectations/Feb 17, 2013