Tuesday, October 14, 2014

[Geology2] (unknown)

http://caracaschronicles.com/2014/10/14/the-predators-from-riyadh/

I posted this because gas prices are coming down.. and this may be why. also when I mentioned this article to my husband, he reminded me of what China did in the carbide industry. My husband is a carbide grinder and makes specialized cutting tools for different industries.. John Deere and Boeing are two of them. Carbide is made from tungsten and cobalt... which comes from mines, located in China and Russia..the US has one I think, not sure if it is cobalt or tungsten. But both are necessary to make the raw material of carbide..so China sought to undercut the market by providing carbide at very low prices and thus making Russia's mines go out of business. And then after that happened, the price of carbide went sky high. My husband's company has a hard time paying sometimes for the raw material, which is also at times in short supply.
I don't know that there is any practical purpose to this article which is geared toward Venezuela anyway.. I don't know that we can stockpile gas..lol. But some how I think knowledge is always a good thing. Allison



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Posted by: Allison Maricelli-Loukanis <allison.ann@att.net>
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