Friday, April 22, 2011

China cuts off Oil Exports

Joining the dots is one of my favourite past-times, and this news item corroborates what Chris Martensen said in his 'Crash Course' video set, plus confirms what Michael Ruppert has been saying for years - namely that when Peak Oil hits, exporting countries will reduce exports in order to stabilise their own economies, whilst demand will surge because of shortage of supplies, leading to higher and higher prices.

Time to sell the Humvee.

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