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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Smart_Money who wrote (48729)	4/8/2002 8:35:29 PM
From: Sam Raven	Read Replies (2) \| Respond to of 99280

This gets me thinking....but first regarding oil inventories...they haven't been this high since a spike in May 2001, then before that, we are looking back to August 1999. Regarding prices....last weekend I paid 1.19 per gallon, the same price I paid in 1980. Just think of how much American's disposable income has grown due to the fact that our wages have gone up over the last 22 years, yet we pay the same price for gasoline that we could get in 1980. Looks like a bubble, but is has played a large part in the economic strength of this country, and our wonderful standard of living. Imagine how much we would pay if gasoline prices inflated like everything else....like health care for example <g>...yikes... Thanks for getting me going on this, I need to flesh this subject out more... Sam