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Date Posted: 09:26:54 09/09/08 Tue
Author: Jay
Subject: Re: Oar Club betting pool? 200 dollars a barrel?
In reply to: Owen 's message, "Re: Oar Club betting pool? 200 dollars a barrel?" on 07:44:14 09/09/08 Tue

It's mixed, for sure. In the short term it buys a little time in the economy for people to get their stuff together. What has really been learned, however, is the maximum rate of fuel costs that the economy of the world can bear with current technology and infrastructure. I certainly overestimated the resilience of the world markets.

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