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Strategies & Market Trends : The New Economy and its Winners

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To: Mark Fowler who wrote (7382)	6/3/2001 4:28:28 PM
From: craig crawford	Read Replies (1) of 57684

we do have energy problems here. we have a lack of infrastructure for refining and transport. we also went from 4,500 oil wells in 1980 to only 400 just a couple of years ago. but that isn't the half of it. like i posted on the amzn thread, if every chinese used just 1 quart of oil per week that would wipe out all of saudi arabia's oil, which is by far the world's largest with 25% of proven world reserves, or a quarter trillion barrels. you have to start thinking globally. 10 years ago there were 80,000 cars in india. that has skyrocketed to over 3 million today. there are almost 10 times as many people in india and china as there are in the US. we import more than half of our oil needs. do the math.

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