> The only effective strategy I can think of to battle high energy prices is
> to use less of it.  Get your bicycles dusted off, carpool, consolidate
> errands, find things closer to home.  If demand drops significantly, so
> will prices.  In fact, the CBS radio news this AM claimed that oil supplies
> are at an all time high.  Let the backup begin and prices will come
> down.  

Yes, demand is down and supplies are up but crude is priced in US Dollars
which is at record lows at the moment. We're paying the price for low interest
rates I afraid...

http://online.wsj.com/article/SB121149903223015801.html?mod=opinion_main_revie
w_and_outlooks
or
http://tinyurl.com/4llvte

...the price of oil has risen far more rapidly in dollars than it has in euros
since 2002. David King points this out today with a chart that we have run in
the past. Had the Fed merely kept the dollar stable against the euro, the
price of oil would be closer to $80 than to $131 a barrel.
...

Mark W.

* To join/leave the list, search archives, change list settings, *
* etc., please visit http://raven.utc.edu/archives/hp3000-l.html *