Replies to post #53771 on Koil Energy Solutions Inc. (KLNG)

[tedwitt]

Source is eia;

In millions of barrels

http://www.eia.doe.gov/emeu/ipsr/t21.xls

"As of 2007, over 22 gigabarrels (22,000,000,000) are being consumed per year over existing supply."

world oil over consumption is no where near that.

It is closer to 1 million barrels per day (4Q07)