Demand patterns for world oil and oil products show significant diversity by country, region, and product groupings. As a result of this diversity it is not possible to attach blame for the current level of price to any one nation, region, or product segment. The view that the oil market is international in scope and tightly interrelated is enhanced by the demand data. As a result of the integrated nature of the world oil market it is unlikely that any one nation acting on its own can implement policies that isolate its market from broader price behavior. As new major oil importers, notably China, and potentially India, expand their demand, the oil market likely will have to expand production capacity. This promises to increase the world’s dependence on the Persian Gulf members of the Organization of Petroleum Exporting Countries, especially Saudi Arabia, and maintain upward pressure on price.

Interview with Granville T. Summerlin, a Texas National Guard WWII veteran and POW from Hughes Springs, Texas. Summerlin discusses his experiences as a captured member of 2nd Battalion, 131st Field Artillery, or the "Lost Battalion" of the 36th Infantry Division, including: being drafted in 1940 and training; deployment to East Asia and diversion to Brisbane after December 7th; assignment to Sangosari Airfield, Malang, Java; the Japanese assault and American surrender; internment and labor at Tanjong Priok and Bicycle Camp in Batavia, Changi in Singapore, Thanbyuzayat and several camps on the Burma "Death" Railway, and Bangkok; liberation, and recovery in Calcutta.