Lets see - We in Canada have 250,000 immigrants yearly- USA probably 10 times as many... and most families want to drive a vehicle. That close to 3 million extra gallons per day. Has either of these countries built new  refinery(s) in the last 3 years to process the 200,000 + barrels per day increase now are needed today. Now lets add in diesel and other oil by- products into this picture.

Is the anticipated slow down in our  economy now mean that we will  not need to worry about this increase of demand ? Would we not be better off preparing now for this rather, than delaying and then have the economy grow, and then have a major catch up on our hands with even higher prices?   

China is even starting to import extra supply because of shortages and rationing that have taken place there and certainly does not want to see any of the same this year, with their 2008 games and they still continue to build vehicles faster that ever.

India is certainly not slowing down nor are other 3rd world nations or  other industrial nations.

No.. I fully expect world demand to keep increasing and we should be prepared to pay some extra.

Me -- I bought into a couple of mutual energy funds about 4 years ago.. so the fund increases I now have ,  more than pay for my now consumed energy needs ,, and I don't expect it to be any different the years to come.