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Politics : Formerly About Advanced Micro Devices
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To: combjelly who wrote (415313)9/8/2008 4:08:50 PM
From: TimF  Read Replies (1) of 1575767
 
It would have gone up despite the status of drilling. The price difference would have been, at best, small.

Exactly.

With growing demand from China and India, do you expect prices to go down?

With world wide economic softness I wouldn't be surprised if it does go down in the short run. I expect it to trend upwards in the long run, as it has been doing, but that long run trend isn't equal to the growth rate of the most recent cyclical move up.
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