The Petroleum Cycle

  1. Oil and gas exist in the earth in limited amounts. Hydrocarbons are a finite energy source.
  2. Oil and gas are the preferred energy sources of the USA and the world.
  3. As the price of oil goes down, consumption goes up.
  4. As consumption goes up, prices may also rise in response to the demand and the availability of supplies.
  5. As the price of oil remains high, consumption goes down.
  6. With less oil consumed, oversupply results, and prices go down.
  7. See #3


[ PetrolWatch ]

Back to Index

Hosted by www.Geocities.ws

1