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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (69397)5/24/2004 10:28:58 PM
From: Skeet Shipman  Read Replies (1) | Respond to of 94695
 
Hi Bill,

The present oil and gasoline crisis is a direct result of the changes in energy policy and legislation enacted under the Bush administration. They stopped the required increase in mileage/gallon requirements and the incentives for hybrid automobiles. This has let to large increases in US gasoline demand.
This has been both a failure of legislative control but also a failure of Detroit's power and SUV fixation and advertising. The average mileage per vehicle sold has been declining.
The hydrogen policy was an intentional misdirection of energy policy by auto, oil, and administrative interests. Unfortunately, energy policy has always been evaluated politically instead of with sound engineering logic.

Skeet



To: William H Huebl who wrote (69397)5/25/2004 3:42:42 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Yep. Don't count on a decline. I fear the Nasdaq may
hit 200,000 by 2006. We are certainly moving there. I don't
want to tell how much a bottle of milk or an Oz of gold will
cost, though, so don't ask -ng- Oz of gold will cost more than
the Dow.


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