Re: Gas/Oil - demand

Posted by JoeMN on April 12, 2005 at 12:35:26 from (209.81.107.110):

In Reply to: Re: Gas/Oil - demand posted by Red Dave on April 12, 2005 at 09:29:59:

Individual freedoms? The freedoms you thought were guranteed by the federal government are being re-defined by the very market forces you laud. The question now will be, How much freedom can you afford? Higher energy prices will change where the middle class lives, how they get to work,heat their homes,travel,enjoy recreation etc. The person driving the hummer will always be able to afford the fuel,because it is such a small percentage of a wealthy class income. Fuel price increases will continue until those least able to afford it drop out of the market. The Chinese and Indian economies,newly enriched by th USA's huge trade deficit,are easily able to outbid us in the world oil markets. The poverty we thought was confined to third world countries will be right here at home.

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