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.

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

To: 8bits who wrote (101098)	5/18/2008 8:30:12 PM
From: profile_14	Read Replies (1) \| Respond to of 206360

telegraph.co.uk

To: 8bits who wrote (101098)	5/18/2008 11:54:49 PM
From: Webster Groves	Read Replies (3) \| Respond to of 206360

I specifically asked what would happen if the military's mideast consumption of refined products (principally jet fuel) were returned to the domestic market, not the world's. It does make a difference, because the increase would overload domestic storage and distribution capacity, with a consequent steep tumble in prices. It's an incremental market that sets the price. Total consumption worldwide would not change short term, but it would drop as far as the US is concerned until the sale of Hummers picks up. New York still set prices, based on perceived needs of the local market. Of course that will all eventually change, but it's a fact now. wg PS - Read the article again, they talk about barrels of fuel, not crude oil. Your comparison suggests Spindletop spewed out jet fuel.