President Barack Obama Message Board

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Politics : President Barack Obama

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To: tejek who wrote (92565)	4/17/2011 12:41:52 PM
From: koan	Read Replies (2) of 149317

Past head of shell oil just said China has increased its demand for oil by 600,000 barrels just since the beginning of the year. 9 million to 9.6 million! earlywarn.blogspot.com India is at 4 million headed to 7 million. Can't remember exact time frames So here we go! The demand for oil from China and India are really going to bring on peak oil very quickly and we are not prepared to deal with it. Europe and much of the rest the world are used to much higher gas prices, like $8 in Europe. This is going to give them a huge advantage over us. globaleconomicanalysis.blogspot.com

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