Asia’s troubles are about to get a great deal worse, because Asia is becoming a victim of the rise in energy prices in an even more spectacular way than higher gasoline prices.
Consider, for example, why it is that China’s steel exports to the United States are dropping at a rate of 20 percent this year. [...]
1913 Intel
International Conflict, Western World Threats and Geopolitical Intelligence
Walker’s World: Oil price trade threat
Posted by Matt in June 26th, 2008 | no comment
Published in China, Energy, Asia, Australia, Brazil, China Exports, China Steel, Energy Prices, Gasoline Prices, Iron Ore, Shipping Costs, Spectacular Way, Steel Exports, West Coast, World Oil Price
The U.S. and China are over a barrel
Posted by Matt in April 28th, 2008 | no comment
Published in China, Oil, U.S., China Factor, Declining Oil, Foreseeable Future, Gasoline Prices, Global Oil, Inadequacies, Internal Violence, iraq, Mexico, Nigeria, Oil Brokers, Oil Output, Producers, Refinery, Russia, Venezuela, Violence In Iraq
The reality is that as far as the current run-up in gasoline prices is concerned, other factors are more to blame: shrinking oil output from such key producers as Mexico, Russia and Venezuela; internal violence in Iraq and Nigeria; refinery inadequacies in the U.S. and elsewhere; speculative stockpiling by global oil brokers, and so on. [...]
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