fairguy

Fundamentals Don't Support Oil at $55-60 a Barrel

ya right, and computers suppose to free up more leisure time for mankind, and electronic display suppose to reduce demand for papers. Reality is, opposite happened. China leap frogged from smoke signal to wireless communicatoin, have their demand for oil dropped??? LOL, give me a break.


On May 19 01:24 AM curious cat wrote:

> the developing nations don't have to follow the same path to properity
> that we took. they can leap frog on our innovations and come in a
> few generations of technology later. don't expect all those consumers
> to consume as much of the same stuff we did.