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Politics : Formerly About Advanced Micro Devices

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To: chic_hearne who wrote (112275)5/23/2000 11:58:00 PM
From: ptanner  Read Replies (2) of 1570346
 
OT

Chic, Re: Oil is near historic highs.

Try adjusting the dollar price of dollar for inflation over the years and oil is relatively inexpensive. And the economic output per barrel of oil is higher due to higher efficiencies and economies less dependent on resource consumption (ie. services instead of heavy industry).

I am not trying to stir the pot on this topic, just point out a pet peeve of mine: commenting about prices without regard to changing context (and especially oil).

PT
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