My Three Top Asian Energy Companies …
Larry Edelson (September 4th, 2008) Writes:
I'm writing this while on a short holiday in Macau, Asia's booming Las Vegas. And let me tell you (again) — judging by what I'm seeing in Macau, there are very few signs of a slowdown in Asia!
More than 1.5 million international visitors arrived in Macau in the first six months of 2008 — UP 47% over the same period last year.
Mainland China visitors to Macau soared to a record 8.8 million, and in total, a record 14.92 million tourists visited in the first half of this year, handing Macau's government a whopping 51.4% increase in gaming tax revenues.
Of course, that's Macau, and it may not represent the rest of Asia, right?
Wrong. I am seeing the same vibrant economies wherever I go on my current tour through Asia. ...
Tags for this Post:
Asia, China, Cnooc Ltd, Coal Miner, crude oil reserves, energy, energy dynamos, energy markets, energy needs, Energy Prices, Hong Kong, Las Vegas, Macau, Macau's government, Market Commentary, Martin D. Weiss, Natural Gas, Oil, oil and gas prices, oil and gas sales, Oil Industry, Sinopec, SNP, Thailand, Unocal, USD, Yanzhou Coal Mining Co. Ltd.
Asia, China, Cnooc Ltd, Coal Miner, crude oil reserves, energy, energy dynamos, energy markets, energy needs, Energy Prices, Hong Kong, Las Vegas, Macau, Macau's government, Market Commentary, Martin D. Weiss, Natural Gas, Oil, oil and gas prices, oil and gas sales, Oil Industry, Sinopec, SNP, Thailand, Unocal, USD, Yanzhou Coal Mining Co. Ltd.


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