+ us trade deficit, oil prices and the usd index+, page-4

  1. 22,691 Posts.
    It must be obvious by now that all this talk about $25 for oil is just ridiculous, unless one gets a 1930 year's style depression and even then it won't be cheap.

    The interaction of China, Russia and other countries will give priority to China energy needs: much energy will be locked out and the US may have to start conserving energy in a big way.

    And it will be sooner than you think.


    Gerry
 
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