Replies to post #8347 on Hemi Energy Group Inc. (fka HMGP)

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One more large point I forgot to include.
The last time I checked China had no intentions of going back to being a preindustrialized economy but would continue growing itself, and its oil consumption by 15-20% per year.
We import 0 barrels of oil from Iran, but in the event of any kind of interruption of supply, those countries which do import from Iran will be going after a now diminishing supply of oil on the market. We all know what that means for gas prices and for oil stocks.