Not a problem as long as the demand from other is still high

回答: 石油的FA+PA分析铁牛2013-07-03 08:25:06

The only condition for the oil price collapse is if  China gets into recession like what happen in the US 2008/2009 or similar to the 1997 asian financial crisis. Even this happens, oil price still will be above $50, should be much higher than 2009 low, which is around $33-35. 




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石油价格是被高盛等华尔街精英控制,自从O8政府新能源政策出来后 -铁牛- 给 铁牛 发送悄悄话 铁牛 的博客首页 (89 bytes) () 07/03/2013 postreply 08:45:19

oil is 消耗品, It's not gold/silver other commodities -playForever- 给 playForever 发送悄悄话 playForever 的博客首页 (535 bytes) () 07/03/2013 postreply 09:37:39

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