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Like the illusion of Wall Street, with its vast and powerful investment banks, now shuttered, China too is an illusion perpetuated by the Globalists that gave us the 15,000 mile Caesar salad, poisoned cat food and lead based paint on babies' pacifiers. Like the illusion that money would come from thin air to always push housing prices higher, China has spent a generation pursuing its illusion. Pursuing an unattainable dream to be like the West, while 6000 years of its carefully shepherded top soil blows into the sea.

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Spending boost to continue in 2005
Business News; Market Researchnero writes: Here is an interesting survey of the E&P expenditures for the next year.

At the bottom of the article there was what I thought was a fairly significant comment:

"For the first time ever, 100% of the respondents are optimistic about the next three-year outlook. Over the past 10 years, there have been periods when certain classes of respondents have had 100% response, but never all three classes at the same time. Certainly, the strong commodity price environment over the past two years is driving the level of optimism."

World Oil Magazine
Posted on Friday, March 04 @ 14:25:52 PST by MarkL
 
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Most read story about Business News; Market Research:
OPEC IS NO LONGER ABLE TO CONTAIN OIL PRICES
 
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Re: Spending boost to continue in 2005 (Score: 1)
by casket46 on Monday, May 29 @ 12:13:44 PDT
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