Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (17674)	9/12/2000 3:47:20 PM
From: Eylon	Read Replies (2) of 436258

I know that 1973 is not a good place to start but I was only playing the same game you did since 1980 is also not a good place to start any comparison. In 1980 the price of oil was too expensive. You compared the price of oil to the Dow and according to that data oil is expensive. Oil now is a smaller portion of the economy not because it low price but mainly because the economy expanded in other areas. Even with oil price of $100/bbl oil portion of the economy now is just a small fraction of what it was only 20 years ago. Eylon

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