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

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To: Roebear who wrote (41395)	4/5/2005 8:26:28 AM
From: CommanderCricket	Read Replies (2) of 206121

Regarding gasoline demand, something to consider is California. They have continually paid $0.25 - $0.50 more per gallon than the rest of us and it hasn't changed overall demand. IMO $2.50 per gallon isn't going to be enough to get people to immediately change their habits. However, they probably will not purchase a decked out Tahoe next time around. Beside most do not beleive this is long term problem as prices will come back under $30 this summer. The media keeps telling everyone why oil shouldn't be high so many will try to ride this out with their Ford Expeditions. Anyone know when Greenspan will be talking energy today? Michael

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