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Politics : Formerly About Advanced Micro Devices

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To: SilentZ who wrote (437009)11/27/2008 7:49:48 PM
From: Road Walker  Read Replies (1) of 1574031
 
Not to mention that, contrary to my expectations, Americans actually did change their driving habits considerably while prices were high. I'm wondering how quickly, if at all, they'll change back.

What was really amazing to me was the effect on gas prices of a slight decline in consumption. I know oil trades at the margin and would be strongly effected by supply/demand, but I never thought so dramatically. There must have been more risk premium in the market than even I thought.

No idea if they will change back... probably depends in part on the overall economy.
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