"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "

Chinese premier Wen Jiabao 12th March 2009

""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."

Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Saturday, March 29, 2008

UK oil - the slippery slope

The Oil Drum Europe is the best source of information on the global / European energy market available - the articles are exceedingly well informed, clearly and concisely written and have good graphics.... and it's free. The comments are equal in quality and wide ranging. A must read. This months Oilwatch (Oilwatch Monthly - March 2008) makes, as ever, fascinating reading.

This graph should give Mr Brown and Mr Darling , sweaty palms as the costs of oil mports rise and the N.Sea tax take declines.

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(C) Very Seriously Disorganised Criminals 2002/3/4/5/6/7/8/9 - copy anything you wish