Re: Krugman looks back from 2096

From: Spudboy100@aol.com
Date: Thu Jul 13 2000 - 05:07:29 MDT


In a message dated 7/12/00 8:10:48 AM Pacific Daylight Time,
retroman@turbont.net writes:

<< Except that oil prices are not due to the actual market demand or actual
ability
 to supply, but by restraint of supply by a monopolistic syndicate, so it is
 false evidence to use to reflect any trend in increase in cost due to third
 world development. Inflation of prices in general has on a decade by decade
 average, have always trended higher than inflation in energy prices,
something
 which Krugman ignores. >>
I wonder if Dr. Thomas Gold's theory (since he did the exploration in Sweden
10 years ago, its now a theory) about regenerating oil fields, in which oil
percolates up from deep inside the Earth's crust will impact supply and
demand? See last month's Wired for the interview.



This archive was generated by hypermail 2.1.5 : Fri Nov 01 2002 - 15:29:54 MST