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Reply #1: Look at the big picture. [View All]

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Home » Discuss » Topic Forums » Environment/Energy Donate to DU
Oerdin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-05-08 03:10 PM
Response to Original message
1. Look at the big picture.
The main reason exports have been declining even while production has been increasing is because of strong economic growth in producer countries. The more the economies of Russia, Venezuela, Nigeria, Saudi Arabia, the UAE, etc grow the more domestic demand grows in those economies and the less there is left over to export.
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