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To: Ahda who wrote (49466)2/22/2000 3:04:00 PM
From: long-gone  Respond to of 116895
 
I also feel deeply for those in the petroleum business put out of work when Clinton sold the Pacific Naval strategic reserves driving the price down. The price of $10 a barrel was far below most of the cost. You are right at some point, these higher oil prices will have to wash through into the product price.

Of housing prices, It seems only the rate if increase has been reduced at this point! We are far away from any reduction in sales yet. Colorado housing has always been a rather "boom or bust" industry.