re: Oil stocks...are you buying?

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The world population is growing and developing at a crazy rate.
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Any data to back this up? China seems to indicate otherwise.


Global population is growing at an exponential rate baw... and yes more people = burning up more oil. Demand will go up and prices will go up in time.

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world human population... As of July 2015, it was estimated at 7.3 billion.[1] The United Nations estimates it will increase to 11.2 billion in the year 2100.[1]

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FYI that's less than 1%/yr growth. Actually it's a 0.50% CAGR. Also population growth does not equate to oil demand growth, as gasoline consumption is not a linear relationship with population. Africa is growing in population, do you think they're filling up there cars with gasoline on a 1:1 basis?