which sector to be in for 2012, page-10

"The Wall Street Journal reported last week that both India and China are increasing their reserves, and that will put upward pressure on prices.

India said it's more than tripling the size of its reserve from 39 million to 132 million barrels.

China's going to 500 million barrels from 103 million.

That'll add a nice 490 million barrels of global demand over the next few years..."

I dont see how increasing reserves causes a corresponding additional increase in demand