Wednesday
Apr272005
Demand, Prices Up
Wednesday, April 27, 2005 at 1:49PM
DATA: The Big Picture, one of my new favorite blogs, has an interesting post showing the price of Oil and Copper in relation to increased Chinese demand. (I read this as a causation relationship, but it may just be correlation.)
In any case, the era of cheap energy spurting from the ground will be drawing to a close very soon. I hope we're prepared.
Reader Comments (2)
Your right, I hope we are ready. With China consuming more and more natural resources we are in for troubled times.
Hopefully they don't feel the need to invade anyone for more supplies.