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: HPilot who wrote (404502)	8/5/2008 2:02:33 PM
From: Brumar89	Read Replies (1) \| Respond to of 1575627

I think you're right, but I just know that price predicting is really difficult. Markets are too complex. I've seen big companies make assumptions about future prices and blow it ...

To: HPilot who wrote (404502)	8/5/2008 2:45:52 PM
From: tejek	Respond to of 1575627

Drilling will lower prices immediately even if it really does take ten years. Look what happened when Bush said he would lift the oil drilling bans. Oh hell. Bush's pronouncement had nothing, absolutely nothing, with the drop in oil prices. For seven months, gas consumption YoY had been dropping, and in the three weeks prior to the drop in the price of crude, gas inventories began to grow. When demand declines and supply increases, prices fall........its the most basic of economic theorems. Bush.......ha.......he is of little use to anyone.