SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: twmoore who wrote (54706)10/22/2004 11:10:45 PM
From: RealMuLan  Read Replies (1) of 74559
 
The problem is that the US is not the only country being punished by high oil price. China, as well as India, the two countries that have close to half of the world population to feed, are suffering more than the US in this. So I don't think the punishing part of your theory makes sense. However, I do agree only small part of the high oil price is due to the high demand, major part is due to the speculation. And I read that there are three major speculators are involving in this, and they will sell their position by mid-Nov, or earlier if the oil price goes to $60. Who knows.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News