energy stocks to continue to rise

  1. 9,081 Posts.
    'According to the Financial Times, "The Chinese government released economic data showing impressive climbs in September industrial output in trade". According to the report China's rate of growth soared 40% while the US grew 16.3%. This gives rise to the possibility that China may over heat and their incredible rate of growth is showing incredible demand for energy. To feed this growth, China is importing oil at levels never seen before! We all know China is an oil importer not an exporter and their needs are taking a big chunk out of world wide supply. This is a big reason for current tightness in oil. '
 
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