China's Craving for Oil pushing up Oil Prices!

[ Bible Probe ]

Posted by Bible Probe on September 10, 2005 at 07:52:22:

Who thinks that oil prices will ever return to below $2 a gallon? Think again --when we have an emerging economy like China with trillions of dollars sitting in vaults --waiting to spend. China is rapidly making alliances in the Middle East and in South America to access oil the US and Europe has been dependent on.

China's craving for oil to drive its industrial boom and, to a lesser extent, satisfy its love affair with the motorcar, has helped to push up global crude oil prices.

In 2003, China raced past Japan to become the world's second biggest consumer of petroleum products after the US.

In 2004, its thirst grew by 15%, while its output only rose 2%.

How did China get so rich? Remember the beanie babies? They did not then and do not now play by the copyright rules, that's how. Chinese Governments have allowed Chinese merchants to copy, clone, and resell any product or publication in the world. The Chinese never worried about research and development. They stole everything then, and they continue to do it--while Chinese Governments make token raids.

The beauty of beanie babies was that Ty was going to make just so many and then retire an individual beanie baby. After he retired one the demand was to rise. What killed that whole idea was that Chinese merchants copied these without permission and began flooding the US with illegal copies of these retired and active beanie babies. EBay and customs seemed to care less about this illegal activity. They allowed it to continue. EBay even made a lot of money from this illegal selling activity via advertisement fees.

The Chinese have also been copying and reselling any and all popular music and movies for decades. And it doesn't stop there. China has illegally copied and reproduced everything from beanie babies to satellites.

So, not only has China outright stolen our products; with the help of the US Custom Service, US Postal Service, and apathy of the US Government --they have copied and resold these illegal products to us for decades.

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