"Kubez" wrote in message
...
"NOYB" wrote in :
"There is no credible supply-side solution to the problem,"
Someone needs to show these Kraut nitwits a map of Alaska.
Global oil demand growth ain't gonna stall any time soon...especially
from China.
The real problem is China's insistence on pegging its huan currency to the
dollar. If the huan were honestly valued, oil would be costing the
ChiComms two or three times as much as at present, and demand would dry up
overnight.
Here's an interesting discussion about why China won't float its currency:
http://gbr.pepperdine.edu/052/hottopic.html