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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (289394)5/26/2006 3:06:13 PM
From: TimF  Read Replies (1) of 1573214
 
The other side of the coin is that we've been through this before... and it didn't stick.

The price increases didn't stick either.

If some of the theories that have been posted here about future supply and demand of oil are accurate than this price increase might be more long term. If they aren't than its possible its not a big deal if people go back to bigger cars. I'm thinking it might be somewhere in the middle.

4.5% population, 25% consumption?

Over 20% of the worlds total gross production. We consume a lot more thant 4.5% of most things. 25% isn't that out of line with our portion of the worlds production. You want to make them equal maybe you reduce it to 21%, which would be a significant reduction but be far closer to the current level than to 4.5%.
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