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Sarmad

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Sarmad

Re: Elmer Phud post# 77154

Saturday, 03/07/2009 6:53:44 PM

Saturday, March 07, 2009 6:53:44 PM

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>> The price of oil is the perfect example. It's purely supply and demand.

Yes, but momentary supply and demand is different from intermediate term. Cost of supply, and ability to shift demand also are essential.

Which is why the programs to prepare ready sources of energy, even if more expensive than the current $45/brl, are important to pursue.
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