[Jukebox-list] OT-Gas price
David Breneman
david_breneman at yahoo.com
Tue May 8 11:36:34 PDT 2007
--- Ray Finch <babylon at swcp.com> wrote:
> Um Yeah... They got us comming and going (yes, pun intended). So
> we all
> don't buy gas on May 15th. So what. Do you really think the oil
> companies are going to notice? Do you think they are going to
> care?
The main thing driving up the price of oil, and therefore
gasoline, is the burgeoning economies of China and India -
the same thing that's driving the price of other raw
materials like copper to new highs. Once those people
start making more than a subsistance wage, they start
looking at motor vehicles, and there are a *lot* of
potential car drivers in those two countries.
David Breneman david_breneman at yahoo.com
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