<DrumBeat: May 20, 2006The Oil DrumA gentle cough for the Washington Post>
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85 comments on DrumBeat: May 21, 2006

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Dot on May 21, 2006 - 6:28pm Permalink | Subthread | Parent | Comments top
Yes, there has been a lot of response.

But, if oil prices stay in the $60-$70 range for the next 6 months, I think you'll see this issue drop completely off the radar, as people become used to it.

You have to remember that for US citizens, oil is still really really cheap at $70 a barrel.

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jdeely on May 21, 2006 - 11:18pm Permalink | Subthread | Parent | Comments top
I saw this on EIA Web site... just goes to show that gasoline  prices need to get a lot higher for real demand reduction.
http://tonto.eia.doe.gov/oog/info/twip/twip.asp


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