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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (53189)3/23/1999 6:16:00 PM
From: RealMuLan  Read Replies (1) | Respond to of 132070
 
<<Higher prices will lower demand more, right now, than it will raise revenues, IMHO. >>

Mike: this is one of the smartest comment I have heard up to now about oil price. And I can't agree more. The key is demand. With Asian countries still in the hole, and more trouble in LA, the only choice they have for the higher oil price will be consume less. Thanks.

Best.