----- Original Message -----
From: "Greg Sevart" <[EMAIL PROTECTED]>
To: "The Hardware List" <[email protected]>
Sent: Thursday, August 18, 2005 9:20 AM
Subject: Re: Re: [H] Gas prices
In the case of oil, prices have recently been driven NOT by supply and
demand, but by the fears of supply and demand. Easily 50% of the cost of
oil
Collectively we demand it enough to pay the price they put on it. Are you
saying that if all discretionary use was suddenly discontinued the price
would stay the same?
No need to even argue this point as it is not going to happen.
Chuck
