Energy expert Charles Maxwell notes that because of the recession, oil supply and demand are in balance, but down the road there will not be enough supply.
http://www.moneyshow.com/video/video.asp?wid=4022&t=3&scode=009597
My conclusion, there will be more demand for domestic and international drilling starting in 2012. This may hurt President Obama's reelection campaign since the energy policy has been discouraging more drilling.
Steve
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