I read recently that oil consumption (demand) only grew 1 percent for China and India. If this is true then we are in one HELLUVA bubble that could easily burst....
Think "1615 Dutch Tulip Craze". On Nov 13, 2007 5:24 PM, Allan Streib <[EMAIL PROTECTED]> wrote: > "Tom Hargrave" <[EMAIL PROTECTED]> writes: > > > Supply and demand rules dictate that the long term trend must rise. > > > > Less Supply + Great Demand = Higher Prices > > I do recall hearing a report that some big-time financial guru (might > have been Warren Buffet) said that we were in an oil price bubble and > the prices were not justifiable based on current demand and supply and > that there would be a correction. That was some months ago, maybe > early summer or so? > > Allan > > -- > 1983 300D > 1966 230 > > > _______________________________________ > http://www.okiebenz.com > For new parts see official list sponsor: http://www.buymbparts.com/ > For used parts email [EMAIL PROTECTED] > > To Unsubscribe or change delivery options go to: > http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > _______________________________________ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
