The TRUE State Of CRUDE Oil Supply & Demand!
May 22-2008:
WORD-UP:
The Underlying Facts Regarding Crude Oil Supply & Demand!
I believe that the true volume of crude oil underground in Saudi Arabia's reservoirs, is not known.
And the Saudi's are not saying either!
As the world's largest supplier of CRUDE oil, the Saudi's have a lot of clout in determining the volume of crude to extract from their resources underground. And as Asia and China's demand for an ever growing supply of crude/refined oil for their internal
consumption increases.
Suppliers like Saudi Arabia could limit the supply, just to maintain a certain level of profits. And at the same time, through this act, create a false sense of insufficient supply on the world stage.
These tactics will continue by O.P.E.C. as they see fit, so long as the demand for crude oil continues!
Derryck.
NYC.
---------------------------------------
Immigrants In South Africa Not Wanted!
Yes, today thousands of Zimbabweans and other poor and destitute immigrants, many of whom fled from Zimbabwe and other neighorboring states to South Africa, are being beaten, homes burned, and threatened with their lives. Because they are perceived as sponging off the economic rights and opportunities that South African nationals are entitled.
Unemployment is on the rise for thousands of South Africans, and as history has shown us. When there is an economic downturn in most societies, the foreigners get the blame, and suffer the most from the repercussions that follow.
Here in the USA, the Mexicans, and other Spanish speaking new immigrant arrivals, are being viewed in many states, as the reason for some of our economic and employment ills too.
Derryck.
NYC.
WORD-UP:
The Underlying Facts Regarding Crude Oil Supply & Demand!
I believe that the true volume of crude oil underground in Saudi Arabia's reservoirs, is not known.
And the Saudi's are not saying either!
As the world's largest supplier of CRUDE oil, the Saudi's have a lot of clout in determining the volume of crude to extract from their resources underground. And as Asia and China's demand for an ever growing supply of crude/refined oil for their internal
consumption increases.
Suppliers like Saudi Arabia could limit the supply, just to maintain a certain level of profits. And at the same time, through this act, create a false sense of insufficient supply on the world stage.
These tactics will continue by O.P.E.C. as they see fit, so long as the demand for crude oil continues!
Derryck.
NYC.
---------------------------------------
Immigrants In South Africa Not Wanted!
Yes, today thousands of Zimbabweans and other poor and destitute immigrants, many of whom fled from Zimbabwe and other neighorboring states to South Africa, are being beaten, homes burned, and threatened with their lives. Because they are perceived as sponging off the economic rights and opportunities that South African nationals are entitled.
Unemployment is on the rise for thousands of South Africans, and as history has shown us. When there is an economic downturn in most societies, the foreigners get the blame, and suffer the most from the repercussions that follow.
Here in the USA, the Mexicans, and other Spanish speaking new immigrant arrivals, are being viewed in many states, as the reason for some of our economic and employment ills too.
Derryck.
NYC.
Labels: Oil Supply And Demand
posted by Unknown at 3:47 PM
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