In a message dated 9/16/00 1:02:34 PM Central Daylight Time, rap777@juno.com
writes:
<< The depressing fact to me is that after so many years of dull, lifeless
vehicles compared to the late sixties, there has suddenly been a
groundswell of performance vehicles with each manufacturer trying to
"out-muscle" the other. Now, here comes the oil industry again attempting
to spoil the party. Yesterday there were reports out that oil could hit
$40 a barrel by this winter. I am not totally dismayed by this report as
it is part sensationalism and part opportunism and I also realize that
higher prices lead to more exploration and production from wells that
were considered marginal at lower market prices for crude thereby making
more oil available and a greater supply, etc., etc.
I guess what does bother me is that the high prices for oil will have a
negative effect on the current trend to higher performance and more
power. It tool the industry a long time to get over the fuel "shortage"
of the early seventies.
>>
Too bad we can't just get someone ease up and let some of the reserves out so
the price could go back down. Why buy it when we have plenty of our own
sitting around waiting to be used.
Aaron
This archive was generated by hypermail 2b29 : Fri Jun 20 2003 - 11:54:37 EDT