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TB — 3/6/2008 8:48:59 PM (archived)

Demand is higher than it was during the 70s bubble, but the spike right now exceeds what it should be given that and the costs of production.

If you look at the Price chart, it does look a lot like the housing price chart a while back, doesn't it?

The whole thread (16 posts)

Who was President in 1985, what was the fiscal policy? - Bowser - 3/6/2008 4:01:00 PM
- The curve - TB - 3/6/2008 4:56:20 PM
  - The Physics of Politics - Bowser - 3/6/2008 5:50:44 PM
  - The Physics of Politics - Bowser - 3/6/2008 5:50:18 PM
    - Uh...okay. - TB - 3/6/2008 5:58:39 PM
      - re: Uh...okay. - Hans - 3/7/2008 12:29:03 AM
  - Housing WAYYYY Overpriced and Bubble BUST - carl - 3/6/2008 5:18:16 PM
    - Speculators ruin everything. - Lee - 3/6/2008 6:57:17 PM
      - re: Speculators ruin everything. - Hans - 3/7/2008 12:30:41 AM
      - Do you think there is an oil bubble? - TAFKASE - 3/6/2008 7:40:51 PM
        
        re: Do you think there is an oil bubble? - Jim - 3/12/2008 4:03:04 PM
        
        re: Do you think there is an oil bubble? - Rainbo - 3/12/2008 9:35:01 PM
        
        A good deal of the price is due to speculation. - Lee - 3/6/2008 9:00:57 PM
        
        Sort of. - TB - 3/6/2008 8:48:59 PM
        
        Today 3/6/2008 we blew through the old (inflation adjusted) high from Dec 1979... - TAFKASE - 3/6/2008 9:14:43 PM
        
        NOT OIL, Energy - carl - 3/6/2008 8:46:07 PM

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