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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: ChanceIs who wrote (84693)12/19/2007 9:00:32 AM
From: Dennis Roth  Read Replies (4) of 206085
 
China diesel imports, now rivaling U.S., may persist
Tue Dec 18, 2007 5:13am EST
reuters.com

By Felicia Loo - Analysis

SINGAPORE (Reuters) - A surge in China's diesel imports to new records, which has put additional strain on global markets toward the peak of winter demand, could last through next summer unless idled "teapot" refiners rev up again.
[ snip ]

ChanceIs, I expect diesel to continue to sell a hefty premium to R.U.G., at least through the Olympics. You and I are competing with China for fuel.
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