"Days supply" is simply stocks divided by daily demand... It is a useful measure that puts stock levels into context with consumption... Crude oil
Gasoline prices moderate heading into Memorial Day… EIA
Here is the price chart from This Week In Petroleum: "Gasoline demand has fallen from last year, putting further downward pressure on prices.
Fuel economy improvements to reduce future gasoline use…EIA
In the EIA's Today in Energy: "The net effect of these fuel economy trends is that light-duty vehicle energy consumption is projected to decrease
The markets frustrate OPEC… The Economist
From The Economist: Moreover, global demand this year has been weaker than expected. In a report this week, Roland Berger, a consultancy, argued
Saudi Arabia feeling the budget pressure… Reuters
I posted an EIA piece last week showing the decline in OPEC oil revenues over the past few years... Here is Andrew Torchia, Reuters, on the Saudi
Peak Oil Demand… WSJ
The Wall Street Journal does a nice job laying out some major oil companies' thoughts on peak oil demand: I could get snarky and say this won't