President Barack Obama Message Board

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Politics : President Barack Obama

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To: koan who wrote (92576)	4/17/2011 12:53:47 PM
From: tejek	of 149317

Past head of shell oil just said China has increased its demand for oil by 600,000 barrels just since the beginning of the year. 9 million to 9.6 million! koan, at the present time, the world is awash in oil. So here we go! The demand for oil from China and India are really going to bring on peak oil very quickly and we are not prepared to deal with it. Europe and much of the rest the world are used to much higher gas prices, like $8 in Europe. This is going to give them a huge advantage over us. You're singing to the choir.

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