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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (302973)	9/13/2006 9:05:06 AM
From: SilentZ	Read Replies (1) \| Respond to of 1576336

What always smells weird to me about the oil market is that headlines about supply/demand way into the future have such an effect today... the Chevron announcement, even if true, wouldn't bring any more oil to market for several years, and announcements such as "China's demand for oil will double in 30 years" dramatically increase the price of oil. It always makes me wonder if the oil companies have a hand in pushing negative news in front of the media and hence in front of speculators. -Z

To: tejek who wrote (302973)	9/13/2006 3:33:10 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1576336

Ted, thanks for the post. Just a comment on China: > And let me just add........very few Americans understand how quickly China has industrialized. What took the US nearly 100 years, China is doing in 2 decades. It's not too hard for China to industrialize this quickly, given that for the most part, they are following in the footsteps of Japan, Taiwan, Hong Kong, and more recently Korea. What should be remarkable about it is, quite simply, the size of China. Industrializing a nation of one billion people is quite mind-boggling. At least in Japan, Taiwan, Hong Kong, and Korea, each nation has a much smaller, more homogeneous population. Can't say the same about China. Tenchusatsu