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

To: Ed Ajootian who wrote (112714)	10/28/2008 8:33:34 PM
From: quehubo	3 Recommendations Read Replies (3) \| Respond to of 206184

Ed, that chart is a little misleading. tonto.eia.doe.gov This data table is a little easier to interpret and one can make their own charts. It certainly appears to me the drop off in demand is related to the movement over $80 WTI, IKE and then this market panic. I dont see this as anything more than a dip in demand which will recover in short order. I can say I know no one who has done anything to reduce demand in a material way that cant be undone. What I dont see coming back soon is demand related to construction activity. I saw one well respected forecaster calling for the coldest Winter in five years. Oil is cheap again, Houston will recover and the shell shocked populace will be heating homes and driving again soon. Also look at figure 10. IKE,response to peak and financial crises. eia.doe.gov