OT - Gas to hit 4.00
paul at seamons.com
Wed Jun 4 14:58:02 MDT 2008
I largely agree with the sentiment in many of the followup posts regarding
poor consumer spending and accountability.
> In all seriousness though... I told ya so. A big argument back in
> 2005 was that it is related to supply and demand. I recently read
> (citation left out intentionally as I wave my hands in the air) that
> demand for gasoline has dropped 4% so far this summer. One would
> think that if demand decreases, so would the cost? But what do I
> know... I am just a poor redneck in North Carolina.
You're not thinking "4th dimensionally." You speak as if the demand in the
United States was all that mattered. There are two other up-and-coming
countries whose economies are booming and are rapidly increasing their oil
Just because we are depressed and demand has dropped doesn't mean everybody
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