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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (184613)3/13/2004 11:37:45 AM
From: Road Walker  Read Replies (1) | Respond to of 1574001
 
re: The anticipation will keep the spike from being a s dramatic because oil prices will go up in advance.

Define a spike. Is it 50% a year for 5 years? 30%? At the current ~$35 a barrel, where does that put us?

re: Demand won't increase at an accelerating rate with much higher prices.

No, it won't. The recession/depression will take care of the demand side.

John