Demand is king (even with oil)
Wednesday, January 6, 2010 at 11:35PM
Thomas P.M. Barnett

ARTICLE: Saudis quit Caribbean oil storage; China steps in, By Joshua Schneyer, Bruce Nichols and Chen Aizhu, Reuters, December 31, 2009

I remember this being my standard pitch back in 2000: when Asia becomes the global demand-center on energy, it will displace the central position that America has held for more than half-a-century.

What's it like to be the global demand center? The world revolves around you, because demand is king, and supply merely the consort.

(Thanks: Terry Collier)

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