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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TWICK who wrote (70498)9/29/2008 10:22:53 AM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 74559
 
Yes, if demand grows quickly, prices will rise for oil. But in the long run prices will reflect the competitive costs of alternatives and those are cheaper than oil is currently [by a long way] so prices will come down.

Mqurice