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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: quehubo who wrote (138158)	6/27/2004 11:43:10 PM
From: Zeuspaul	Read Replies (1) \| Respond to of 281500

It's not just oil. Without cement and steel what will happen to the US economy....maybe it won't need as much oil. The shortage is spreading..however it is not cement that is in short supply... But the ships aren’t there to bring in the imports. Carliner and other interviewees said ships are scarce because of demand from China. cegltd.com China has a shipping industry...does the US?

To: quehubo who wrote (138158)	6/28/2004 8:44:30 AM
From: Noel de Leon	Respond to of 281500

"Do you think Chinese demand can increase 65% and still believe in Hubberts Peak?" These 2 points are not mutually exclusive. China's future demand is a projected value. Says nothing about whether it will be fulfilled, only that it will effect the price of oil as will the onset of Hubbert's peak.

To: quehubo who wrote (138158)	6/28/2004 10:11:42 AM
From: GST	Respond to of 281500

Energy consumption in China is largely driven by the building of new power plants, although cars are having some impact as well. Chinese aspirations for a "higher standard of living", with consumption patterns more similar to our own, will most certainly have an impact on prices. We consume far too much energy for our own good. Having a country the size of China moving in our direction is bad news. What we really need is a war on energy waste. Perhaps then we would not have such an urgent need for a "war on terror" that at least in part is driven by our need to secure diminishing oil supplies.