Home |
Search |
Today's Posts |
#11
![]() |
|||
|
|||
![]() "John H" wrote in message ... 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'? Is what's on that page the only number you consider important? Notice I said "that page", not "that site". |
Thread Tools | Search this Thread |
Display Modes | |
|
|
![]() |
||||
Thread | Forum | |||
52-pound Striper Sets Maryland Record | General | |||
She's a sheelback in record time | ASA | |||
Shellback in Record time | ASA | |||
( ot ) The Bush Record Exposed | General | |||
( OT )Kerry's Navy record withstands scrutiny | General |