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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?


To: ThirdEye who wrote (69294)5/31/2006 10:34:49 AM
From: Rock_nj  Read Replies (1) | Respond to of 362466
 
I agree. Natural gas does not have the same demand pressures as oil and it's not as close to peak as oil is, so any comparison between natural gas and oil seems irrelvant. One thing is for sure, when peak oil arrives the prices is going to go up substantially. Price is the only real indiction of the scarcity of a commodity.



To: ThirdEye who wrote (69294)5/31/2006 12:03:48 PM
From: Wharf Rat  Read Replies (1) | Respond to of 362466
 
Demand destruction would pop a bubble. Big recession, tho.



To: ThirdEye who wrote (69294)5/31/2006 12:08:57 PM
From: Land Shark  Respond to of 362466
 
The guy writing it is a "believer" (i.e. that the free market solves everything and that govt. should be reduced to only handling defense issues, the usual neocon crapola etc., etc.). Believers don't like the commodities boom because it eats away at their belief that the party will go on indefinitely as long as they continue reducing taxes for the rich and helping mega-defense/oil/walmart indisturies etc..