The Oil Drum

215 comments on DrumBeat: January 27, 2008

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Leanan on January 27, 2008 - 9:31am

Maybe he's confused. There have been a lot of articles about how demand is slowing. The increase is smaller than expected, given the increase in population, etc.

You know, kind of like the way Congress cuts spending. They don't actually reduce anything, they just cut future increases.

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dipchip on January 27, 2008 - 9:39am

It should have read:

Avg. demand was down only in the past week (Y on Y) and that was no doubt due to whether.

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radlafari on January 27, 2008 - 11:18am

[..] and that was no doubt due to whether.

whether?

Or "weather"?

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PeakTO on January 27, 2008 - 10:42am

Demand increase is slowing. or we are on a demand plateau...

Dipchip - I have been thinking about your propane comment from Thurs. Can you link the data you are using?

EIA clearly is indicating we are WAY below 2006. 15.6% as of the 18th. So, seasonal draws accounted for, something is significantly out of wack with propane...unless you are calling the EIA data out(sure there could be some error there...but 15.6% is a big error).

TIA