To: rodguy911
I think the "demand" for oil and oil products is much stronger that it is for more speculative markets which can be bought on a take it or leave it basis. Next week I will "have" to spend $500 on gas for my van as I do business in the Southeast.You have illustrated the fact that supply and demand curves are highly inelastic, with guaranteed demand growth. This is a speculator's heaven.
To: AndyJackson
For the longest time I thought home prices here in the Keys,(which had never dropped in over 30 years) would never go down. We went up 41% in one year! Wow, was I ever wrong!!
28 posted on
07/04/2008 7:10:56 AM PDT by
rodguy911
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