1931 flamingo
Well-known member
Last time these spikes happened due to speculators, our "guvment" said it would put a stop to it. I'm still waiting. Unemployed 107 wks and looking.
Paul in CT
Paul in CT
What about the huge amount of plastics China makes? That requires oil does it not?
How do they fuel their factories? Power plants?
I have to assume cars are only a tiny amount of consumption.
They burn coal, and lots of it.
Our mega-bankers have given them our industrial mfg. base. Items consumed today that now come from China used to be made here. It's a mfg. trade-off.
No, oil is a commodity the 'price' is manipulated it has nothing to do with demand. That is just the spin that the talking heads feed you every nite on the nightly 'news'.
You can believe what you want. Don't question what is going on, for that is what they want you to do. Get in line like a good little madschen.