The Green Files > OIL PRICES DOWN ON LOW DEMAND??

TP.c[TP.c] Or at least Forbes.com and/or AP.org are because they reported in an article yesterday that: Crude oil fell slightly Monday as traders weighed the approach of the Northern Hemisphere cold season against the drag of continued low demand. Diminishing fuel demand has eased concerns about inadequate oil supplies following hurricanes Katrina and Rita - a development reflected by prices last week that hit lows not seen since August.

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Some related posts from Technorati and Google.

http://wagnews.blogspot.com [Wagnews.blogspot.com] WagNews: August 28, 2005: The issue of renewable oil is not the only reason that Peak Oil is a con, but a good summary has just been published on energy analysis website 321energy.com.

[Zprava.com] Oil Blog: announced on Monday that it had received a formal approval from the Forwards Market Commission (FMC) to launch India's first ever furnace oil futures contracts .

http://bush2004.bloki.com [Bush2004.bloki.com] Bloki weblog for bush2004.bloki.com: It is one of the greatest ironies of the Plame affair that the Bush administration, spawned and nurtured by oil, might have committed suicide by vindictively, cruelly and unthinkingly exacting personal retribution on an intelligence officer who had committed no offense, and who was, quite possibly, providing the administration with critical oil-related intelligence which the President needed to manage our shaky economy and affairs of state for a while longer to squeak through to re-election. In our opinion, nothing better epitomizes the true nature of the Neocons.

[Mathewgross.com] archives | Mathew Gross: Ken Sill of Credit Suisse First Boston said: “Early reports indicate numerous rigs are missing, destroyed or have suffered serious damage and several companies have yet to report. Rita may set an all-time record.”

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