China tests troubled waters with $1B rig for S.China Sea (spartlys, scarbourough)

[Karding]

58-page long, binasa ko lang ang first and last page..lol.

napanood ko yung SIGALOT (ABS-CBN) with Cheche Lazaro last weekend, na-intriga naman tuloy ako sa Shoal.

although mas malapit nga sa Pinas ang shoal, nasa labas pala ng Phil territory ang shoal based on Treaty of Paris. Kaya naman pala ayaw maki-alam sa usapin ang US. (or ayaw muna maki-alam unless na payagan ulit mag-tayo ng base sa Pinas *hint*)

found an article: (perhaps bias to China, pero looks like the author have valid points)
It belongs to China: Philippine media - China.org.cn

but under EEZ, the shoal is under Phil territory. wtf

bakit nung ginagamit na target range yung area nung may US base pa, hindi uma-angal ang China?

re: oil price

Did Speculation Fuel Oil Price Swings? - CBS News
I remember watching 60-Minutes on CBS and how supply and demand doesnt apply with the rising oil prices. I found the article above. (speculations, not supply & demand, drives oil prices)

HowStuffWorks "How does oil speculation raise gas prices?"
"Without doubt, much of our oil comes from unstable parts of the world. But that is nothing new; it's been that way for decades" [source: Levin].

[pop3corn]

Oil, from an economic standpoint, is scarce. The fact that it's a finite resource makes it not viable in the long term for humanity to rely on.

Also, you might want to read up on how fossil fuels are created, harnessed, refined and used. Essentially, we use up more than we can find and these cannot be easily replaced. The by-products as well are elementally different from the source material since these fuels are first refined and then burned.

You might also want to read J.S. Gordon's The Rise and Fall of Atlantis: and the mysterious origins of human civilization.

eto mga gusto ko reply. hanapin ko yan book ko na yan. sawang-sawa na ako sa wiki saka crystal to source out my research sa ancient civilizations eh

[uls]

re: oil price

Did Speculation Fuel Oil Price Swings? - CBS News
I remember watching 60-Minutes on CBS and how supply and demand doesnt apply with the rising oil prices. I found the article above. (speculations, not supply & demand, drives oil prices)

HowStuffWorks "How does oil speculation raise gas prices?"
"Without doubt, much of our oil comes from unstable parts of the world. But that is nothing new; it's been that way for decades" [source: Levin].

2008 oil price spike inexplain ko re speculation while everyone was blaming oil companies

[timrev]

3 big company have plan to drill sa spartlys...

yun company ni MVP
ayala at SMC
pero mukang si MVP ang pinakasure...nasabi nya narin sa isang interview dati that he have responsibilty sa pinas...sa philex mining...
nai-award narin ata permit sa exploration..

[pop3corn]

eh syempre sya pinakasure, backing yan ng salim eh, mga oil magnate kaya yun

[timrev]

grabe si MVP pldt,smart,philex mining, metro pacific, suncell, TV5, araneta, soon GMA
balak pa dati bilhin ang mrt3...PNR nalang sana hehehe

pinoy parin sana ang majority makinabang pagnapatayo nya na Oil Rigg sa spartlys...at makatulong magpapababa ng gas at electric

[pop3corn]

grabe si MVP pldt,smart,philex mining, metro pacific, suncell, TV5, araneta, soon GMA
balak pa dati bilhin ang mrt3...PNR nalang sana hehehe

pinoy parin sana ang majority makinabang pagnapatayo nya na Oil Rigg sa spartlys...at makatulong magpapababa ng gas at electric

it's too late Malaysia and Indonesia (salim territory) already released press statements that they support the Philippine claim of scarborough.

so business business lang yan talaga, if not the Chinese, it will be our brothers in the South who will control that disputed oil rich area.

[timrev]

Aquino: MVP, China firm to operate under PH authority

Aquino: MVP, China firm to operate under PH authority | ABS-CBN News