Sunday, December 9, 2007

If US plays this right, Moishe sees opportunity

if the US can develop a viable and profitable alternative(s) to oil, these countries may be f"ed as their oil consumption continues to increase - this could reshape the balance of power.

December 9, 2007

Oil-Rich Nations Use More Energy, Cutting Exports

The economies of many big oil-exporting countries are growing so fast that their need for energy within their borders is crimping how much they can sell abroaadding new strains to the global oil market.

Experts say the sharp growth, if it continues, means several of the world’s most important suppliers may need to start importing oil within a decade to power all the new cars, houses and businesses they are buying and creating with their oil wealth......

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