Archive for November 6th, 2007
Chinese Oil Price Controls
Tuesday, November 6th, 2007The latest Economist reports: “A price this high should also temper demand for oil. Motorists’ thirst for fuel does indeed seem to be faltering in rich countries. But as Francisco Blanch of Merrill Lynch notes, most of the incremental demand for oil comes from China, India and the Middle East, where the prices of petrol […]