another one, page-5

There is only one problem with the theory that oil will drop to $37 a barrel is that the world is pumping more sour crude than sweet crude. With a limited number of refineries able to handle this sour crude we still have a large problem in the pricing. India and China are increasing there consumption of oil at rate 30% a year so there would appear to be no relief in sight from the price off $50- $60 a barrel. A severe recession- depression would appear to be the one and only way to slow down the use off crude oil.