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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (24672)10/19/2004 3:48:53 PM
From: TradeliteRespond to of 306849
 
<<If natural gas and heating oil stay up at these prices, and especially if we have a cold winter, there will be all kinds of reevaluating going on in the frost belt.>>

After coming back into town after a long absence, I'm thinking folks like me in the Mid-Atlantic region of the U.S. should bite the bullet on higher energy prices and just wear extra clothes while keeping the thermostat down to a moderate level if the weather turns cold.

I haven't paid one cent for energy (neither A/C nor heat) in the past couple weeks. If I can make that happen for several more weeks, it could pay for higher natural gas prices in the event of a hard cold Jan/March.



To: patron_anejo_por_favor who wrote (24672)10/19/2004 3:51:29 PM
From: bentwayRead Replies (4) | Respond to of 306849
 
I don't see oil prices declining. They may fall back slightly now and again, but I see only increases as a future trend. With India, China and Russia all moving twoard "American" type lifestyles and consumption, how could our currently strained oil supplies get cheaper? The only thing that would bring this about would be some fundamental new way of producing energy being discovered. I wish I had some way to short SUV's!


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