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143 comments on Thursday open thread

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fuggybootnling on May 4, 2006 - 10:29pm Permalink | Subthread | Comments top
Ha!!! New thread virgin territory!

I'm curious about something...TOD has been showing graphs on a monthly basis illustrating the "bumpy plateau" that we've been in for the last 18 months or so, but the graphs only go back a few years. I'm curious to know if there have ever been periods in the past, say, quarter century where a similar phenomenon existed? In other words, is this plateau truly new, or has there ever been a similar plateau period in the past?

Thanks!

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Fletcher on May 4, 2006 - 10:54pm Permalink | Subthread | Parent | Comments top
Yes in some ways it is new and yes in some other ways it is not new - there are been other dips and plateau. And yes this has been before, in fact just yesterday.  See yesterday's discussion of Stuart's graph and look for Oil CEO and Stuart's response about 2/3 -> 3/4 of the way down in the comments.
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The Interloafer on May 4, 2006 - 11:12pm Permalink | Subthread | Parent | Comments top
Ah, you must mean this one.
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Wharf Rat on May 5, 2006 - 10:05am Permalink | Subthread | Parent | Comments top
Are you from Anderson Valley?
http://www.avbc.com/visit/boontling.html
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tom deplume on May 5, 2006 - 3:42pm Permalink | Subthread | Parent | Comments top
Past plateaus and dips have been due to drops in demand related to the US recessions of the 80s and the Asian recession of the 90s. The current plataeu is due to an inability to increase production.
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143 comments on Thursday open thread

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