The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Little Joe who wrote (10721)	3/23/2004 10:11:03 AM
From: Haim R. Branisteanu	Read Replies (1) of 110194

depending what your reference point is. On a relative basis crude oil is not on the lower price band. During the mid 1980's crude oil was priced around $10 if my recollection is right then they tried achieve around $16 to $18 band. Based on those prices I think inflation adjusted crude oil is about 30% to 35% above that trading range. BWDIK

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