Argyle wrote:

Currently Chinese demand is running oil and steel prices out of
control.

China now buys 40% of the world oil market. Not counting scrap and raw
materials to be turned into goods to come back to us in export sales.

as far as natural recourses go, China is holding the bag, andis
squeezing everybody else's.


I should have also mentioned the pipe industry is booming in China. They
have to transport oil from the inside of the country to the populated areas
and for export.

We aren't talking about 8" or 12" welded tube lines, we are talking about
24" and larger.


When I was pricing a new galvanized sailboat trailer last fall, the
salesman blamed the Chinese for his increases in price.