BP Plc (BP)

[DocLevi]

I didn't see in Barclays article anything on electric cars and inflation (perhaps they hoped for a wash) but inflation isn't listed as a reason so it should be a lot higher than their write-up which is on supply.

In the supply side they thought tight oil should take on new demand, but that won't work with OPEC desire to keep percentages as it would dilute their percentage.

The bigger question is, at what point will Saudi fields run lower on available to pump production, because back in the 90's (somewhere around there) they were worried about running out of oil. I assume new wells, deeper wells and then horizontal has bought a seemingly unending supply. But I don't think earth's making of oil can keep up with the draw in that region. Iran was supposed to be using more than they were producing already so how do they find the ability to export? NG ... oh, nuclear power (I guess). But if its power plant related then demand may flatline or fall with windturbines and solar panels...

Thank for the story link its was useful. I don't feel sorry for South American countries or others, like Brazil uses ethanol cars... and I bought a flex fuel SUV in Dec 2011 because I was worried about 4-5 gasoline based on oil supply not their EPA or refinery shutdown manipulation. lol