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| China-Japan-Koreas |
| China's stockpile of oil helps to bolster prices |
| 2004-08-31 |
| Posted by:tipper |
| #7 Energy independence is hard only on the political side. Over the last decade or so there have been many strides in making nuclear energy safe, low cost and even possibly waste free. The major hurdle is convincing the American people that depending on oil will prevent any possibility of energy indepence and that one way or another nuclear energy does not mean disaster. |
| Posted by: Chemist 2004-08-31 2:55:54 PM |
| #6 Itâs a smooth move, anyway you look at it. Itâs time for the US to get serious about decreasing our dependence on foreign oil. Our dependence on oil is funding the terror against us. We need to use our technology to put these guys out of business for once and for all. |
| Posted by: B 2004-08-31 10:55:45 AM |
| #5 I think the Chinese have found a great new way to recycle the dollars from the trade surplus. In the old days, it used to involve buying Treasury securities. These days, they're using it to pump up their strategic oil reserves, as well. Given commodity price rises in other areas, I wonder if they're also stockpiling raw materials in preparation for a war with Taiwan. Points to ponder. |
| Posted by: Zhang Fei 2004-08-31 9:57:35 AM |
| #4 Heh! I guess I should have read the article before commenting. I thought âbolsterâ meant improve. If it sounds to good to be trueâ¦. |
| Posted by: B 2004-08-31 9:49:50 AM |
| #3 A5970: is it too far-fetched to think that one of the reasons behind this is to effect our economy and thereby the election? Finally, a good explanation for the rise in oil prices. The headlined story makes a lot more sense than the idea that hedge funds are betting on oil. I don't think US elections are the prime focus. The prime focus is on preparing for an invasion of Taiwan. The first thing we'll do is blow their oil pipelines and blockade all of China's imports and exports. I don't think they'll be safe, though. I think we can bomb the places where they've stored the oil. |
| Posted by: Zhang Fei 2004-08-31 9:46:18 AM |
| #2 I think the foreign leaders are becoming as alarmed about Kerryâs irrational and inconsistent behavior as we are. We wouldnât want to see a total nut-job get control in China. |
| Posted by: B 2004-08-31 9:05:08 AM |
| #1 is it too far-fetched to think that one of the reasons behind this is to effect our economy and thereby the election? |
| Posted by: Anonymous5970 2004-08-31 8:59:28 AM |