Teribus

Now lets see, China and India have had the first and second largest populations since they became countries in the late 1940's. You are saying that it is a significant factor now but it has not been a significant factor for the past 58 years. Brilliant!!!

>>>The USA talking about imposing sanctions on Iran however somehow is a significant factor. Haven't the UN, the USA and the EU been talking about imposing sanctions on Iran for years now?.<<<

Yes, I was talking about gas jumping three dollars immediately after the news was released.
I was remember similar jumps every time such news has been announced ever since i have been following business news. Jimmy Carter was the US president then. I remember that most presidents used to think such news was a bad thing and they would try to negate it or reassure people. Bush and Cheney until recently would do the opposite. If there was bad news from Iran they would up the ante by insulting Putin or Chavez, of course the war in Iraq has been a constant stream of bad news. And the dumb things Bush has said and done to upset even the British, Mexican and Canadian peoples have not made things better.

China and India increase world oil consumption by one or two percentage points a year and the price has gone up 500 percent in ten years. You think China and India are the cause huh? Good one! Now tell me the one about the penguin going into the bar.