Oil doesn’t lie : consumption is crashing in january

Oil doesn’t lie.

Among mega confusion, ultra deception and supra lies (you know the… greek bias)… oil consumption is acting as the “juge de paix”…

Pax Romana ? No ! Pax oleum of course ! πŸ˜‰

Here is an enlightening exercise :

-on your left, consider all the bullshit Korn, Abhisit… alleged Finances and Prime Minister are serving us. You know : the recovery. The Green Shoots Salad. The enthusiasm. The stupid smiles. The inane forecasts. The sticky stupidity andΒ  nonsense, carved in adamantine fears. Like :

The Thai economy may expand by as much as 4.7% this year as exports, tourism and private investment have shown clear signs of steady recovery over the past three or four months, says Prime Minister Abhisit Vejjajiva. (Bangkok Post)

-and then, on your right, consider this :

Oil consumption in January dropped almost 10% compared to the same period last year and a month earlier, due to consumers’ lack of confidence, according to the Department of Energy Business.

Director-general Peerapol Sakarin said consumption of all types of fuel in January averaged 19.3 million litres per day, down from 21.4 million litres a year earlier, and also down 8.9% from 21.1 million litres in December.

Diesel consumption averaged 50 million litres per day, down 9.7% year-on-year and 9.5% from the previous month.

“Consumers are cautious about their spending. they are tending to save money as much as possible in times of economic uncertainty,” said Mr Peerapol. “Some white-collar workers have shifted to vehicles with smaller engines in order to use less petrol.”

According to the department’s data, petrol use in January was the lowest volume since September 2008, when world crude prices were at a record of US$147 a barrel. (Bangkok Post)

Who is winning ? Abhisit the clown ?

It’s good to be good. πŸ˜‰

Anyway. Don’t kill the bull too early… Let’s wait a little bit. And let’s enjoy what our dear politicians will invent… in order to justify what… can’t be justified.

And don’t forget : Change Yes We Can'(t). πŸ˜‰

2 Responses to “Oil doesn’t lie : consumption is crashing in january”

  1. 1 Hans 11 February 2010 at 8:07 pm

    Well, this is a clear sign that the new “green” economic strategy of the government is working. With the governmental support of new technologies to save energy, the Thai industry will flourish again. Imaging, a reduction of petrol consumption of ~10% within a month will make Thailand a world leader in new petrol saving technologies and will bring back the Thai industry to old strength.


  2. 2 ThaiCrisis 11 February 2010 at 11:08 pm

    Well said Hans. We are all green now. πŸ˜‰ indeed.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Thailand Crisis

Coup, Economic slowdown, Terror In the South... The situation is worsening in Thailand. Bumpy road like often before.

But this time, it's different.

The key to understand the present turmoil is the inevitable... succession of King Bhumibol.

%d bloggers like this: