“China has been busy buying up more oil because they are smarter than a 5th grader. They know that the USD will slip back because it always does, global economies are going to get stronger and everyone is going to be looking for anyone that is growing refinery capacity. That means at some point it’s not going to be about who can produce the most oil, but who has the most oil in hand to refine and produce commercial fuels for everyone. In effect, becoming the Tony Montana of oil.”
$100 Oil is Possible
Posted by Carl Larry via Hard Assets Investor
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