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Reply #6: There have been shortages all over the world [View All]

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Extend a Hand Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-30-08 08:44 PM
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6. There have been shortages all over the world
Edited on Fri May-30-08 09:00 PM by sad_one
the rich countries have priced out the poor countries. World wide rationing by price.
Mike Whitney is wrong on this one.

http://www.energybulletin.net/41245.html
http://www.energybulletin.net/37958.html
http://www.rferl.org/featuresarticle/2008/02/d4acbb85-3...
http://allafrica.com/stories/200802180453.html
http://www.tios.co.za/index.php?fSectionId=1014&fArticl...
High oil prices prompt a scramble for Africa
Fri 25 Jan 2008, 9:41 GMT
http://africa.reuters.com/wire/news/usnL14478684.html
http://www.welt.de/english-news/article2029412/Indonesi...
http://news.bbc.co.uk/2/hi/africa/4338306.stm


There are many, many, more examples. The US is a rich and powerful country so we have been able to continue to buy oil -- at the expense of poor and developing nations.
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