Re: Oil over $51 a barrel

From: Dez Akin (dezakin_at_usa.net)
Date: 10/10/04 

Date: 10 Oct 2004 00:53:08 -0700

"Jim" <jim@zxy.com> wrote in message news:<yKG9d.5087$5b1.3736@newssvr17.news.prodigy.com>...
> China and India have nothing to do with oil price in the US trading in NY.
>
Bullshit. Oil is a fungible resource. The only way demand in India and
China would not affect prices in NY is if supply in India and China
changed exactly at the same pace. Your grasp of economics is
uninspiring.

Demand in India and China have everything to do with prices in NY.

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