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Msg  465285 of 489532  at  11/23/2022 1:31:57 PM  by

coolreit

The following message was updated on 11/23/2022 1:32:54 PM.

 In response to msg 465195 by  OilSandsFan
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Re: China Covid

Oil is a valuable commodity. It replaced slave labor to some extent. If the Chinese don't use it, someone else will. Do you choose to walk or ride a bike to the store, work, entertainment? Do you have a choice? Most people would choose efficiency of a car to go places.
 
The longer China negotiates lower prices for oil with their covid shutdown tactics, the more incentivized other oil consumers like India to buy China's share. 
 


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