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CallousGiant · Aug 12, 2005, 05:21 pm

I thought the rise in oil prices was due to the rapid economic growth of some 3rd and 2nd world countries such as China....

As more countries are growing, they need oil, so the demand rises, so the prices rise.

Isn't that the reason?

Aug 12, 2005, 05:21 pm	#13 (permalink) (top)
CallousGiant Hot Thosages Posts: 125	I thought the rise in oil prices was due to the rapid economic growth of some 3rd and 2nd world countries such as China.... As more countries are growing, they need oil, so the demand rises, so the prices rise. Isn't that the reason?