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U.S. watches China's oil demand with concern
By: Reuters on: 08.06.2005 [14:32 ] (2167 reads)
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China's global quest for crude oil is acceptable as long as the Asian nation develops the deposits and doesn't hoard them, a senior State Department official said on Tuesday.
Rapid Chinese oil demand growth was one of the factors that pushed U.S. crude oil futures above $55 a barrel.
We are concerned that China's need for energy and other resources could make China an obstacle to U.S
"China has brought the competition for natural resources to our backyard,"
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(5643 bytes) [nc]
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Temporary offline
by Econ on 08.06.2005 [16:18 ]
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This is yet another reason why the neocon-Jews and their ill-fated Iraq have been economically self-defeating for the US.
The US has nothing left to export or exchange to buy cheap oil, except for the worthless dollar and therefore is not competitve with China.
WE can clearly see that China is building its prosperity based on manufacturing and exporting, a lesson lost on the dumb jews advacting war that are always destructive.
In Iraq, all the US can do is to continue to DESTROY Iraq, in frustration over their failure to secure Iraq to steal oil, which is hardly helping the US economically as Iraq oil is kept off the market.
The Iraqi Resistance will make sure that the US will not be able to build anything in Iraq, and thus keeping Iraq oil off the market.
With the US failures in Iraq, a poor Third-World nation, the US military can do NOTHING to prevent the rise of industrial China.
China can provide all the cheap consumer goods that the poor in these oil producing nations need in return for oil.
All the US can do is to hope someome buy its worthless treasury bonds.
The Iraq war has exposed all of the US diplmatic, economic, financial, military, political and moral failures.
None of the US failures can now be reversed. The US is in a race to the bottom and the world knows it.
Instead of building an empire of useless military bases around the globe the US should have focused on re-industralizing itself by building productive factories that can provide high-wage jobs for Americans.
The stupid warmongering neocon-Jews are leading America to ruin as no war or the US military can reverse the US economic decline.
The US built an economy on cheap oil and just from the modest rise in gasoline prices and interest rates, GM, Ford and the entire transportation industry are headed into bankruptcy.
The rise in oil prices can be attributed to not only the rise in demand but the fact that Iraqi oil output has declined due to the US invasion and sabotage.
Yet another reason why the 13 years of genocidal sanctions and the destruction of key infrastructure have now backfired on the US as Iraq has now collapsed and the US can do nothing to revive its economy and oil output.
It just goes to show how with the passage of time, the US so-called 'victory' in Gulf War 1 ( WWIV according to the moronic jews) has turned into economic defeat for the US.
Without the genocidal Iraqi sanctions and all the destruction, Iraqi oil could be now be flowing boosting output and lowering prices.
It just geos to show how the US constantly shoots itself in the foot by following dubious advice from dual-loyal jews who do NOT have US interests in mind and are in the service of Israel.
The enemies of Israel are not the enemies of the US and the US needs their cheap oil, something the poor state of Israel, a crippling economic burden on America, cannot provide.
Now the world can actually see the real reasons for the war. The US is desperate of oil and must use its military now proving ineffective and inefficient in securing cheap oil for America.
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by observer on 08.06.2005 [17:07 ]
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says the USA! Shows how advanced their thinking is! They really think they have the right to rule the world,don't they?
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by a_family_member_of_adam_and_eve on 08.06.2005 [18:31 ]
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soon their emperor hegemony will be an end . The iraqi resistance will be the one who will start kicking the emperor ass and the rest of the world will rise up against this consuming pigs. They are nothing but the ordinery thieves disguising in a holy face of democracy and freedom!! it will be the Arabs who know how to teach a lesson to this arrogant emperor and the first lesson is free and its already started in iraq
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by Tet on 08.06.2005 [19:47 ]
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Should be a big concern for the US when the Russian pipeline reaches China and the oil flowing out the other end sells for something other than d0llars. Peace.
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by wings on 08.06.2005 [22:09 ]
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Thank you for always supplying good and basically sound information. I have come to rely on your reports as a guide to what's happening, and I have not been disappointed.
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by taw on 10.06.2005 [02:59 ]
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interesting things to say. But he always peppers his comments with ant-Jew comments like "according to the moronic jews" and that poisons everything he has to say. Too bad, because his remarks are otherwise well-informed, but still debatable. But I ain't gonna debate with a rascist.
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by paul pawlowski on 01.07.2005 [16:48 ]
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Racist — or TRAITOR?
Every Jew is Soldier of Israel and an agent of NOSSAD.
We have lots of Jews in Westminster — Am I a racist then
when I am exposing TREASON against England?
Lots of Jews in high places ion Washington.
Are we racist then when we exposing TREASON against the USA?
They have a way of saying now "I am not of the Chasen Race."
And I ask You are not of tge Chosen Race — but are you a Jew?
Every Jew is Soldier of Israel and and an agent of MOSSAD.
Are you a Jew?
Am I a racist because I want to know?
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by paul pawlowski on 02.07.2005 [13:48 ]
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The stupid Jew penetrate government USA to serve Israel
-- how stupid can you be?
The stupid Jew is sinking the USA financially
-- how stupid can you be?
The stupid Jew is destroying the USA
-- how stupid can you be?
The stupid Jew is bringing USA into disrepute
-- how stupid can you be?
The stupid Jew kill Palestinian babies so that Jewish babies may live and inherit Palestine
-- how stupid can you be?
The stupid Jew did Lockerbie blame Arabs
-- how stupid can you be?
The stupid Jew did that Twin Towers job blame Arabs
-- how stupid can you be?
The stupid Jew Information Engineer making NEWS NEWS NEWS
-- how stupid can you be?
Econ is Right exposing stupid Jews I say.
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