[Marxism] how are (oil) prices set?

[S. Artesian]

Regarding the "imbalance" between demand and supply:

International Energy Agency estimates:

2006:  daily demand, 84.5 million b/day; daily supply 85.2 million b/day
2007:  daily demand, 85.9; daily supply 85.5
1Q2008: daily demand, 86.2; daily supply 87.

As for growth in demand:

growth 2001-2006 daily demand:  app 9% which is equivalent to the rate 
195-2000.

You can access their monthly report at: http://omrpublic.iea.org/

and there is a link to their annual statistical supplement.

----- Original Message ----- 
From: "Joaquín Bustelo" <jbustelo at gmail.com>
To: <sartesian at earthlink.net>
Sent: Tuesday, July 08, 2008 4:57 PM
Subject: Re: [Marxism] how are (oil) prices set?


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