Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: BigBull who wrote (64005)	4/6/2000 8:51:00 PM
From: BigBull	Read Replies (2) of 95453

China watch: While the thrust of this article is about metal consumption, it illustrates the ongoing build out of energy infrastructure in the out provinces. Kinda reminds me of our own rural electrification projects in the thirties. insidechina.com ------------------------------------------------------------ Demand for electricity in northern Shaanxi was expected to increase by more than 350 percent in the next five years, the official said without giving further details. insidechina.com ------------------------------------------------------------ Will any of this make your stocks go up or down tomorrow, nope, but long term, this is just another small chapter in the ongoing saga of the industrialization of the most populous nation on earth. This cannot help but fuel demand for hydrocarbons for forseeable future. Incredible story going on here. We are watching major history unfold before our eyes.

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