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 ! 😉
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 and 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. 😉
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). 😉