On Sat, 25 Jun 2005 16:32:50 GMT, "Doug Kanter"
wrote:

"John H" wrote in message
.. .


Let's assume that it's something people normally want ALL the time, John.
Coffee, shoes, whatever. Don't hand me junior high school economic
theories.

Well, if we assume the demand hasn't changed, and the supply has
diminished,
then prices will go up.

In the case of oil, the demand has greatly increased over the past several
years
(almost as bad as outsourcing!).

The junior high economic theories are, at least, rational.

In case Fruitz pretends not to notice the question I just asked him, I'll
ask you: Please indicate specifics as to WHERE you believe this increased
demand is coming from. If you choose to repeat "China...", as others have,
please provide data.

"From:
Suchita Vemuri
Staff Writer
2005-02-24 02:27:38 Hi Joseph, China's oil demand has been growing at an
average 7% since 1990, and while it's now the second largest oil consumer after
the USA, its consumption in 2004 was around six million barrels per day, against
a little over 20 in the USA. But if the current trend continues, China's
consumption is expected to equal that of the USA by the mid-2020s."

For stats and graphs go to:
http://www.nationmaster.com/graph-T/...&id=NAM&id=ASI

Is this what you'd call 'mythical demand'?
--
John H

"All decisions are the result of binary thinking."