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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Jon Cave who wrote (71882)8/29/2000 1:28:05 AM
From: BCherry168  Read Replies (2) of 95453
 
"Why is $33 oil not inflationary?"

Its not inflationary because the government excludes oil from the "core" inflation group. Which, IMHO, is BS.

However, you might want to consider that oil at $33 today is a lot cheaper than oil at $33 in 1980. Seems to me that everyone is forgetting that.
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