If this is the case get rdy...
http://www.reuters.com/article/2011/06/13/us-energy-summit-goldman-idUSTRE75C44V20110613
If this is the case get rdy...
http://www.reuters.com/article/2011/06/13/us-energy-summit-goldman-idUSTRE75C44V20110613
Should read "EXCESS capacity". They are not out of oil. Just unable to pump much more. Price hikes are coming, but they probably won't be caused by supply constraints.