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In reality, the Mideast is increasing its internal usage of oil far faster than China...take a look at the infrastructure in Dubai.
Mar 08 13:38 pm
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All Comments by NOWHEREMAN »Two Explanations for Surging Oil Prices [View article]
Does anyone really think the other kingdoms are content and will sit idly on the side while Dubai takes center stage in the region.
I hate to say it but I am starting to believe the Nuclear Plant in Iran IS for domestic power. But Iran cannot admit that in a few years, it will cease exports because of internal consumption demands. So it is trying to conceal this fact with FACE saving sabre rattling.