Let me count the ways

With oil flirting with $100 a barrel, there seems to be no stopping the dizzying ascent of black gold. In such a frothy market, it may seem old-fashioned to talk about supply and demand. But they and other fundamentals give a clear message: The price is too high to be sustainable. There are 10 solid reasons why: 1) Supply above ground is abundant. The amount of oil in storage tanks around the world is near all-time highs — 4.2 billion barrels at the end of June in the industrialized countries o...