That looks like one of the hundreds of propaganda pieces coming out of the financial media -- long on assertions, absent of facts. Worthy of disregard.

Worthy of disregard

No, no, no, you missed the good news, there will be ~108 mbpd in 2015!

In order to consume that much more oil the price will have to come way down from the supply/demand balance point we have today at ~$110.

So much for the oil company windfall profits. /sarconol.