The National Forum   Donate   Your Account   On Line Opinion   Forum   Blogs   Polling   About   
The Forum - On Line Opinion's article discussion area


RSS 2.0

Main Articles General

Sign In      Register

The Forum > Article Comments > China rising: have cash, buy oil > Comments

China rising: have cash, buy oil : Comments

By Dilip Hiro, published 16/10/2009

Amid the financial chaos, China goes shopping.

  1. Pages:
  2. Page 1
  3. All
To me this all adds up to the old technique of cornering the market.
A note to add to this, in the period July to August 2009 Chinese oil
consumption rose by more than one million barrels a day.

As the world seems to have a production buffer of about 4 MBD at
present, at the present rate how long before July 2008 repeats itself ?

If another scramble for oil occurs whose subsidiary company buyers
will be told to hold off while the Head Offices get their orders in ?

China seems to be one of the two or three governments that are aware
of peak oil.

Kevin and Malcolm are you listening ? Hello Hello
Silence was the noble reply !
Posted by Bazz, Friday, 23 October 2009 10:07:35 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
  1. Pages:
  2. Page 1
  3. All

About Us :: Search :: Discuss :: Feedback :: Legals :: Privacy