Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (23109)	9/1/2002 9:47:00 PM
From: Moominoid	Read Replies (1) of 74559

Even funnier would be if they shut off the oil wells to punish the USA. The main losers would be those who normally collect the payments from the oil companies who buy the crude oil - which is those who would be doing the shutting down. Oooops!! As I am just writing in my class lecture notes the oil producers gain as demand for oil is inelastic (at least in the span of a few years). The question has always been getting their act together. That is usually a question for the Arab nations.... David

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