Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Road Walker who wrote (270553)	1/30/2006 9:55:02 AM
From: combjelly	Read Replies (1) \| Respond to of 1575846

"And the intensity of an oil shock is much worse now than it was then. " Especially if it goes $100+ as some are talking about. Even if it doesn't, when the final shoe in the form of few wanting our bonds any more finally drops, things will go fairly quickly. And all the while we will have Tim and Taro and the others arguing it won't be too bad because the percentage was higher in the past or higher in other countries...

To: Road Walker who wrote (270553)	1/30/2006 10:00:53 AM
From: Elroy	Read Replies (3) \| Respond to of 1575846

And the intensity of an oil shock is much worse now than it was then. I thought the opposite was true. Oil has gone from $25 per barrel to $70 per barrel in ~24 months, and had minimal affect, right?

To: Road Walker who wrote (270553)	1/30/2006 3:49:13 PM
From: tejek	Read Replies (1) \| Respond to of 1575846

re: Other than that, no real danger. And the intensity of an oil shock is much worse now than it was then. Its worse because the problem isn't an artificial restriction on supply like it was back in the 1970s. Supply and demand now are very close to equilibrium. That's why every nuanced geopolitical event causes a spike in the price of oil and NG. The only thing that's keeping it together is that the oil producers need the money as much as we need the oil. However, that's no guarantee.......see Russia vs Ukraine and Russia vs Georgia. ted