ARTICLE: Saudis quit Caribbean oil storage; China steps in, By Joshua Schneyer, Bruce Nichols and Chen Aizhu, Reuters, December 31, 2009
I remember this being my standard pitch back in 2000: when Asia becomes the global demand-center on energy, it will displace the central position that America has held for more than half-a-century.
What's it like to be the global demand center? The world revolves around you, because demand is king, and supply merely the consort.
(Thanks: Terry Collier)
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Comments (1)
Or in the words of T.E.Lawrence, "It is the servant who takes the money"
Posted by Andrew Stewart | January 7, 2010 9:11 AM