A rigged market

August 2007

ICIS Chemical Business;8/6/2007, Vol. 272 Issue 6, p18

Trade Publication

Editorial

The article comments on the statistics displayed on the Web site of the U.S. Energy Information Administration (EIA). It informs that the data shows that consumption has shown signs of decline, but hasn't drastically changed since the mid-to-late 1960s. It reports that consumption for industrial use shows a stronger decline and that production hasn't changed much either. It is noted that the consumption projections by the EIA are in error and their methodology needs to be checked.

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