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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: yard_man who wrote (2461)7/6/2000 10:09:10 PM
From: Spekulatius  Read Replies (3) of 436258
 
Well for energy is needed for the production of all basic materials, but it does not seem that the basic material prices increase.if you do not believe that, check the last quarterly announcement of PD, check also the prices of most metals (including aluminum, steel), paper products etc. All of which need huge amounts of energy, but yet, they do not see to have the power to mark up their prices.
Its amazing but even with the US economy running full steam, these companies have no pricing power, so even a moderate weakening of the economy could play havoc.
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