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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: CommanderCricket who wrote (34623)8/23/2004 6:37:49 PM
From: Archie Meeties  Read Replies (1) of 206099
 
Most recent example: Asian crisis of 1997-1998.

During this time energy consumption in China and SE Asia fell from 10-15%. Consequently, oil prices fell.

One explanation -
% of energy used for transportation far lower than
% used for industry and thus more elastic.

eia.doe.gov
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