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


To: HPilot who wrote (404513)8/5/2008 7:38:18 PM
From: SilentZ  Read Replies (2) | Respond to of 1576257
 
>Driving has been down since spring. The market would simply ignore that and notice that stockpiles have dropped and up the prices would go. They didn't seem to have a clue that since driving was down there was no need to replenish stockpiles at high prices.

The first major report indicating that it was down that significantly came recently.

>It didn't seem to affect prices till Bush said he would lift off shore drilling bans.

Coincidence, mostly, I think, because most speculators have to know that, best case scenario, there's no way the removal of that ban increases supply any time within the next couple of years.

-Z