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S&P 500
5,321.41
(
0.25%
)
US TECH 100
18,228.00
(
0.17%
)
Dow Jones
39,872.99
(
0.17%
)
Brent Oil
82.43
(
-1.32%
)
Bitcoin
69,583.51
(
-2.61%
)
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smartone

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smartone

Re: mr_cassandra post# 1287

Monday, 08/22/2005 3:00:13 PM

Monday, August 22, 2005 3:00:13 PM

Post# of 79025
I agree that china is effecting market but once again US is being gluttons with oil.. the years of SUV and no CAFE standards is finally coming back to bite us..

people forget that the reason OIL prices collasped in early 80s was that US used 15% less oil in 1982 than we did in 1975 - supply and demand econ 101 - if we had a sane energy policy and aggressively got US auto makers to switch over to hybrids we could do seriously cut our gas usage in 3 -5 years.
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