Saturday, February 09, 2013

one reason

Folks, we are exporting a lot of petroleum products now. Actually, there is only one reason that our aging oil refineries are exporting so much fuel... OK so it is because demand has collapsed due to our on going recession. Right now, demand for oil is at a multiple year lows due to the massive contraction in our economy.Basically, the recession is not over. Naturally, we see it as on going. Expect a worsening economic crisis.

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