oil should collapse from here if, page-2

Its quite funny China demand was actually higher a few years ago, but we keep hearing all this crap how China needs all this oil they can't get. But worse is where in the world anywhere did anyone run out of oil, has anyone in the world turned up to a petrol station and found there is no oil lol? Nope...

And Iraq is said in many reports even now to be the largest in the world bigger then Saudi, and Saudi hasn't even run out, so how can we even be near peak oil then?

If they train people to use less oil for too long, its not good for the product.