oil supply
[This is from Ed Hyman’s daily commentary. Hyman is Wall Street’s
favorite economist, and ISI is his shop.]
Mike Rothman of ISI-New York: “Despite still evident concerns in the
market about ‘peak oil’ and supply availability, 2007 looks to see
the largest non-OPEC supply gain in nearly 30 years. It’s also
interesting to note that global oil demand growth appears to be on a
much weaker trend than generally believed.”