World GDP Vs. Oil Production ~ market folly

Wednesday, August 13, 2008

World GDP Vs. Oil Production

This chart is about as simplistic as it gets. Hat tip to Barry Ritholtz over at The Big Picture for posting up what he aptly calls "A Chart of the Decade." Many of the energy themes I've discussed here before stem from one very basic chart.

(click to enlarge)

Source: ITF Interim Report on Crude Oil