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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (1481)	8/5/2005 1:56:49 AM
From: Wharf Rat	Read Replies (1) \| Respond to of 24224

Chinese ministry cites crude import needs Eric Watkins Senior Correspondent LOS ANGELES, Aug 3 ¿ China's demand for crude oil will outstrip domestic supply by some 130 million tonnes in 2005. China's Ministry of Commerce predicted that the country's crude oil output would increase by 3% this year to 180 million tonnes but that demand would rise by 6% to 310 million tonnes. Imports will have to fill demand not met by domestic production. The ministry said demand for refined oil will rise by 5% to more than 230 million tonnes. Within that total, the demand for gasoline will increase by 4% to more than 54 million tonnes, while diesel oil will rise 6.5% to 110 million tonnes, and fuel oil will increase by 5% to 54 million tonnes ogj.pennnet.com

To: Wharf Rat who wrote (1481)	8/5/2005 2:01:38 AM
From: Bill on the Hill	Read Replies (1) \| Respond to of 24224

just skimmed it. going back to read it about three times. may be your best post yet. Ok. read it once. Yes he is in my estimation dialing it back a whole lot. Better to not scare the poor senseless creatures. Let them figure it out on their own. Sick. This lack of truth. When we could all be pulling together. And changing things. Tough job this coming together right now. Every one's just trying to get by. Give it a year. Just a year. At the pace that things have been happening globally. In a year it will certainly be very different. I think the sand is washing away from the foundation.