Lower Oil Prices Coming? We are often told that oil is running out. I’ve attached an artilce from today’s Australian that suggests that supply is going up and demand is not that strong. Result – lower petrol prices. http://www.theaustralian.com.au/business/news/opec-members-boost-pumping-capacity-despite-forecasters-predicting-slower-demand/story-e6frg90x-12257991