As the Saudi inspired attack on supply continues, the tsunami...

  1. 9 Posts.
    As the Saudi inspired attack on supply continues, the tsunami ripple moves outwards.
    1. I understand that forward orders for electric cars in some parts of the USA are off 50%.
    2. despite the fact that India is a fairly heavily regulated country but consumption of fuel ethanol is way down; some domestic ethanol plants are closing.
    3. Cheap natural gas in the USA has enabled some petrochemical plants to undercut their Chinese counterparts and I can imagine how that will eventually have consequences in OZ.
    4. The palm oil people in SE Asia must be wondering how long their governments will prop them up.
    Southdown
 
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