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Diaxde Volunteers

$100,000 per Barrel Oil

Please note that this is only an interesting thought experiment to illustrate the huge potential for oil’s price escalation.

Assumptions:

  1. Every percentage change of supply (while holding demand constant) or demand (while holding supply constant) results in roughly a 10 to 30 percent change in price. I heard that this tends to be the experience of long time commodities traders. Citation welcomed. But given that both the price elasticity of demand and supply for oil is very inelastic, this assumption sounds reasonable.

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When USSR Disintegration Meets Japan's Lost Decade

In one word – China.

The recent international media's reporting on suicides and labor unrest at the 400,000 employee Foxconn factory near Shenzhen got me thinking. Here are some gathered notes and musings:

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Newsflash

Taiwanese and Tibetan activists are urging Taiwan’s government to show greater concern over poor human rights conditions in China, and especially Tibet, that have led Tibetans to set themselves on fire in protest.

Chow Mei-li (周美里), chairwoman of the Taiwan Friends of Tibet, said she believes Taiwan’s government has the ability and is obliged to influence China on the issue as the two sides “have many channels of communication open.” With leaders in Taiwan and China able to communicate frequently, it is Taiwan’s responsibility to urge Beijing to respect the human rights and religious freedoms of Tibetans, she said.