On Friday, December 5, 2014 10:18:08 PM UTC-8, wrote:
On Fri, 05 Dec 2014 13:05:02 -0500, Wayne.B
wrote:

On Fri, 05 Dec 2014 12:35:58 -0500, wrote:

On Fri, 5 Dec 2014 08:07:57 -0800 (PST), Tim
wrote:

Wayne, thanks for your thoughts. That ist the most cprehensive view I've heard yet. Yeah I didnt realize the 'storage' problem...

I think that is because people have a hard time visualizing how much
oil we use in a day. (about 17 million gallons a day)
That is a 52 acre lake, a foot deep. Every day



===

Make that barrels per day not gallons. Your 52 acre lake just got 40
feet deeper. :-)

You are right and it is more like 19 million bbl. I was looking at the
wrong line on the API chart
400,000 bbl (17 million gallons) is the increase last year so my lake
represents the increase.

That's a bigger wad yet!!