RE: [asa] $4 gas is here to stay

From: skrogh. <panterragroup@mindspring.com>
Date: Fri Dec 05 2008 - 10:36:40 EST

Since it was at around $4/gal that people's driving habits changed, our
leaders will see this as a new threshold for how much tax can be tacked onto
a gallon of gas before we really feel it.
=========================================

> -----Original Message-----
> From: asa-owner@lists.calvin.edu
> [mailto:asa-owner@lists.calvin.edu]On Behalf Of Merv
> Sent: Friday, December 05, 2008 7:47 AM
> To: asa@calvin.edu
> Subject: Re: [asa] $4 gas is here to stay
>
>
> As you say, he will be proven right. And that may even still happen in
> the fairly short term, given the volatility of these times. Hopefully we
> and our leaders will treat this as nothing more than a respite during
> which we can try and get sensible energy policy together.
>
> --Merv
>
> gordon brown wrote:
> > On Wed, 4 Jun 2008, Glenn Morton wrote:
> >
> >> So, to answer the question of this thread, no, $4 gasoline is not
> >> here to
> >> stay. It will be recalled fondly next year and the year after as
> >> evidence of
> >> how good we had it way back then. Remember, it was only last
> >> September that
> >> oil prices were around $70/bbl.
> >>
> >
> > As I was deleting old e-mails, this one caught my attention. Glenn is
> > the expert whom I trust for information on oil supply, and I know that
> > in the long run he will be proven right, but neither he nor the rest
> > of us foresaw the decline in demand that has occurred in the last few
> > weeks. This reminds us that sometimes events happen that none of us
> > expected.
> >
> > Gordon Brown (ASA member)
> >
> >
> > To unsubscribe, send a message to majordomo@calvin.edu with
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> >
> >
> >
>
>
>
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Received on Fri Dec 5 10:37:11 2008

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