Can the surge of oil prices be blamed on US companies outsourcing to Asia?

think about it, US companies outsourced production to Asia in order for cheaper labor and less environmental standards. Now since Asia is industrializing because of the growth in manufacturing they require oil. and since they need oil, demand has risen making oil prices sky rocket. Can we blame companies who have out sourced for the drastic climb in oil prices?Can the surge of oil prices be blamed on US companies outsourcing to Asia?
You are perfect. But one cannot blame the companies. We can blame our politicians who approved globalization. Because of globalization wealth flows from richer countries to poor countries. Those people are making more money. So they are buying cars consuming more oil. This is one part.


Second part is oil price has not gone up at all. Oil price is on its fixed position. Gold price is on its fixed position. Instead our dollar is falling down. Dollars is loosing value. Off course we can say both are correct.Can the surge of oil prices be blamed on US companies outsourcing to Asia?
ur dead right....obviously..what more can one say!
Definitely not, if anything it has had the opposite affect.





I would suggest that it takes less oil to produce a product in some Asian countries that it would in the US.





Direct oil usage would probably be roughly on par (outsourced activities that are less efficient than insourced activities do not last long) , however indirect oil usage in Asia would be much lower for the simple fact that large parts of their workforce cycle or walk to work rather than drive.
Your assumption is that Asian economies would not be thriving without American outsourcing. I question the validity of that statement. But the second part of your argument--that increased demand for oil in those markets is causing higher oil prices--is valid.