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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: ild who wrote (30204)4/7/2005 3:17:14 PM
From: Knighty Tin  Read Replies (1) of 110194
 
Poor Andy doesn't get it. We are running at near capacity in the oil patch and on tankers. Yes, sales of Chinese cars may be declining, but most cars sold are NEW users of fuel. So, if zero car sales keeps us at peak production of oil, even a lower sales rate this year adds to the demand. Cars are not disappearing from their economy. Same deal with the economy. If they have 3% growth instead of 9% growth, it is still additive to a system that is already overextended.

Now, if they can get HW to hurry up and build their Coal Liquefication plant, then they can hit oil prices and make my stock go up even higher. <G>
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