@superbad: "In the last year or so, the price of a barrel of oil has doubled. Global demand has not come anywhere near doubling in that time, and global production has certainly not dropped by half."
That's not how supply/demand works - a doubling in demand doesn't translate to a doubling in price. Neither will a drop by demand in half cause the price to drop by half.
An increase in demand by a few percentage point over supply can cause price of oil to soar.
You mistake Neatorama for a professional operation! :) Thanks for catching that - I've fixed it for ya!
That's not how supply/demand works - a doubling in demand doesn't translate to a doubling in price. Neither will a drop by demand in half cause the price to drop by half.
An increase in demand by a few percentage point over supply can cause price of oil to soar.
1. evar
An extreme emphasis of ever. See also nevar.
I will nevar succumb to you evil wiles! EVAR! Demon-sheep!
2. evar
Same as the word ever, however often times used on forums to diss people.
Best thread EVAR!!
3. evar
"In my opinion." Used as an emphatic word to imply universality, but is restricted to the speaker only.
"Pokemon Snap is the BEST. GAME. EVAR!!"