Re: OT-Fed Up!!!

Posted by tlak on July 08, 2005 at 13:44:36 from (66.38.86.82):

In Reply to: OT-Fed Up!!! posted by Illinois Boy on July 08, 2005 at 07:05:04:

China's oil use is comparable to France/Italy. Their main energy consumption is coal for power plants. Our high prices for gas are whatever the news media and speculators want to blame it on this week. The latest blame was the hurricane. I've talked to locals that said the oil companies wouldn't pick up the crude and even want to store more. I think are main problem is refineries. Why hasn't there been a congressional investigation into the refineries?
I think the trade balance with China will change in the next few years. China has 1/4 of the world population and 7% of the farm land. Their industries are making a major demand on their water resources so they have a water shortage. Their water is routed to who can make the most money with. The size of the farms in China are not bigger than an acre so these acre farms feed X-number of people but a factory can make X-thousands of dollars with the same water. So in the near future we will be feeding most of China.
So right now all I think China is, is somebody to blame the price gouging on done by our own fuel companies.

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