chanté shicé wakinyan agli

Oil pricing is the most rigged of gamesmanship. See if any of the following makes any sense:
Oil prices sagged on Wednesday as the International Energy Agency said weakening economic growth and higher fuel costs slowed oil demand growth in the first quarter of this year. Expectations that a weekly government report later on Wednesday would show a further rise in U.S. crude stocks, already near six-year highs, also weighed on prices.

HEY weren't we told just five months ago that US crude stocks were dangerously low?? Now they say they are at six year highs, because the price is so high nobody is buying. Can they make up their minds? NO! This isn't about the truth. There is no reliable data because then they would have to reveal that the pricing of crude and gasoline is a scam to extract enormous profits from the people. Here is another duplicitous treat:
<>Prices fell as the International Energy Agency's monthly Oil Market Report said incremental demand in China, Europe and the United States was less than expected for the quarter. China's demand, an explosive 19.3 percent in the first quarter last year, slowed to 4.5 percent in the same period of 2005. The slowdown in growth means the outlook for fourth quarter world demand does not appear as likely to stretch producer countries as in the same period last year, the IEA said.

But that very data is not accurate, if you take China's own reports as more reliable and verifiable. Picture this: Let's say we start in January 2004 with 100bpd. for China. By March it needs 119 bpd and by June it needs 132. September sees a need for 144 and in December the growth now requires 157bpd. The "slowdown" suggests that by the end of 2005 Chinas demand would stretch the production??? What kind of shit is that? By the end of March 2005 China needed 4.5% more oil, not than 100 bpd, but of 157 bpd. or 164bpd. Where is all this new associated production growth. It doesn't exist. These are numbers that are being strung out to forecast a curve of growth for China's demands but they intentionally are not graphing them along curves for production. Why? Because the actual production drops in relation to the ever increasing growth around the world. It doesn't matter that China will need say, by then end of 2005, a very conservative 190bpd--more like over 200bpd. What really matters is that China will need 100% more oil beginning in 2006 than it needed at the beginning of 2004!!! There is no possible way that total world oil production increase so much more than 100% in the last two years so that China could have its needs met while the rest of the world's growth also rose. Thus this is all bullshit.