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

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To: Cogito Ergo Sum who wrote (113734)11/18/2008 10:28:19 PM
From: Snowshoe1 Recommendation  Read Replies (1) of 206176
 
>>So who loses revenue then<<

Egypt loses Suez Canal fee revenue.

The shipping companies gain revenue from the longer hauls.

The oil producers might have a slight gain from the increased demand for bunker fuel.

The Europeans pay more for oil.

Here's a photo essay on the pirates...

Life with the pirates of Somalia
by Photographer Veronique de Viguerie
guardian.co.uk
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