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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (34622)	8/21/2004 8:07:50 AM
From: CommanderCricket	Read Replies (3) \| Respond to of 206097

Bearcatbob, I've been thinking about demand, oil prices and recessions. Need to do some research but I remember reading that except for the oil crises of the early 70's, energy demand drops very little during a typical recession. This sounds crazy and goes against conventional thinking but I don't believe we'll see much of decrease in enegry usage unless there is a full blown depression. Homes still get heated, cars get driven and our service based economy needs computers humming... I could be way of base here but will go hunt for support. Frank - you want to comment of this? Michael