Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: TigersEye
China and India are in the (OIL) market. Course, there's not many people there.

If the UAE (or any Arab country) sells oil to China or India, that will free up that same exact amount that China and India is already buying somewhere else this very minute, perhaps from Indonesia, or Russia.

Oil is a worldwide commodity. Each drop that is taken out of the ground in essence goes into a worldwide market. If we can't buy it from country X, we can buy it from country Y, AND THEY KNOW IT.

946 posted on 03/09/2006 11:30:51 AM PST by Edit35
[ Post Reply | Private Reply | To 892 | View Replies ]


To: MojoWire
If the UAE (or any Arab country) sells oil to China or India, that will free up that same exact amount that China and India is already buying somewhere else this very minute, perhaps from Indonesia, or Russia.

LOL That's a good one. China alone has over 3 billion people and probably less than five percent of them are currently automobile owners or in other ways consumers of petroleum products. But they are in the process of changing that. Both the people and the government want that change. Same in India albeit they have a comparably small population.

990 posted on 03/09/2006 11:47:01 AM PST by TigersEye (Everywhere I look all I see are my own desires.)
[ Post Reply | Private Reply | To 946 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson