Here I'll write your proper counter arguement for you.
Contrary to popular believe the world is actually growing at great rate. The eia and its constant restating of phantom oil demand is testament. The 95 million a day consumption and absorbstion with 800k plus demand in the us is a clue along with pending Iran Iraq Libya supplies about to come online amounting 3ish million barrels. My arguement that crude is a better barometer then dr copper or the Baltic dry for over all economic health and its cleary pointing to an upswing as economies around the world continue to improve
Contrary to popular believe the world is actually growing at great rate. The eia and its constant restating of phantom oil demand is testament. The 95 million a day consumption and absorbstion with 800k plus demand in the us is a clue along with pending Iran Iraq Libya supplies about to come online amounting 3ish million barrels. My arguement that crude is a better barometer then dr copper or the Baltic dry for over all economic health and its cleary pointing to an upswing as economies around the world continue to improve
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