Oil was up over $2 on Thursday as tensions in Saudi Arabia and Bahrain fuelled fears of further supply disruption while investors weighed the impact on energy demand from quake-hit Japan.
Rizzo but the fact is Japan will need a lot hard work to be done.Many countries have also pledged to send in aid in all forms.But they are a hard working people as well.
Btw,Japan is also a big eenrgy consumer.Take a look.
and just imagine the effect on oil prices if besides the tensions if the big oil producer has to go or run away. So let us just be thankful for the small mercies
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I think you missed the gist of my posting..
My point was that whilst many suffer, there are others who will be laughing all the way to the bank because of the rise in oil prices..
Yea, Saudi and Bahrain gets the clouds and their oil baron neighbors get the silver.
Brit, which clouds have a silver line?
Rizzo but the fact is Japan will need a lot hard work to be done.Many countries have also pledged to send in aid in all forms.But they are a hard working people as well.
Btw,Japan is also a big eenrgy consumer.Take a look.
http://en.wikipedia.org/wiki/Energy_in_Japan
and just imagine the effect on oil prices if besides the tensions if the big oil producer has to go or run away. So let us just be thankful for the small mercies
Japan is not a Western Nation :-/
there debt levels is already at 220% of GDP before all this sh*t happened, the highest of any western nation. To put is simply - they are fcuked.
Energy demand in Japan will ecentually rise up to unprecedented levels.The people there will need all the gas and heat to ease their troubles.
every dark clouds as a silver line :)