European Tribune - Comments - Countdown to 100$ oil (21) - 8-page extravaganza in the Independent: 'we're doomed'

Countdown to 100$ oil (21) - 8-page extravaganza in the Independent: 'we're doomed' | 34 comments (34 topical, 0 editorial, 0 hidden)

Re: Countdown to 100$ oil (21) - (none / 1)

No if the demand is inelastic. It means that for certain prices there is almos no change in demand, or even increase, and then, suddenly, at a certain price the demands breaks down. Just as an inelastic material could do when a certain tension is applied.

I really hope that this will be the dynamics. But I could be wrong

A pleasure

I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude

by kcurie on Sun Jan 22nd, 2006 at 03:25:45 PM EST
[ Parent ]

Re: Countdown to 100$ oil (21) - (none / 1)

This is a great image... The oil market is strong but brittle.

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper

by Migeru (migeru at eurotrib dot com) on Sun Jan 22nd, 2006 at 03:29:59 PM EST
[ Parent ]

Countdown to 100$ oil (21) - 8-page extravaganza in the Independent: 'we're doomed' | 34 comments (34 topical, 0 editorial, 0 hidden)

. Home
. About
. Contact
. New User Guide
. FAQ
. ET Editorial Guidelines
. Search
. Search (Google)

Username:
Password:

. Make a new account
. Reset password

Recommended Diaries

Socratic Economics XII: Utopian Government Finance
by Zwackus - May 25
64 comments

A Star is Born
by ChrisCook - May 23
23 comments

The balance of anger and fear
by Frank Schnittger - May 17
43 comments

$1,000,000,000,00
0 or what we must remember
by Metatone - May 19
69 comments

Stable pricing is to metaphysics as variable pricing is to...
by Upstate NY - May 16
8 comments

Another NRW election
by DoDo - May 13
118 comments

Bundesrat saves PV (and loses Röttgen)
by DoDo - May 12
18 comments

SYRIZA and the Eurocrats: a letter of intent
by talos - May 9
363 comments

Recent Diaries

Socratic Economics XII: Utopian Government Finance
by Zwackus - May 25
64 comments

A Star is Born
by ChrisCook - May 23
23 comments

$1,000,000,000,00
0 or what we must remember
by Metatone - May 19
69 comments

The balance of anger and fear
by Frank Schnittger - May 17
43 comments

Stable pricing is to metaphysics as variable pricing is to...
by Upstate NY - May 16
8 comments

A little American intercine battling
by rootless2 - May 14
27 comments

Another NRW election
by DoDo - May 13
118 comments

Bundesrat saves PV (and loses Röttgen)
by DoDo - May 12
18 comments

The mainstream German Magazine Spiegel asks, has the US mixed ...
by Democrats Ramshield - May 10
27 comments

Short Term Climate Forces: Black Carbon, Methane, and...
by gmoke - May 9

Twenty days of Crisis for Cameron
by ceebs - May 9
22 comments

SYRIZA and the Eurocrats: a letter of intent
by talos - May 9
363 comments

French Parliamentary Elections: a look under the hood
by Bernard - May 8
59 comments

Sunday Train: The Rock Island Line is a Mighty Fine Iowa...
by BruceMcF - May 6
18 comments

Greece election day II - Election diary and info
by talos - May 6
129 comments

Greece: Election day I - some background
by talos - May 6

The Change They Believe In
by ARGeezer - May 5
152 comments

The Rubble Of Neoliberalism
by afew - May 3
100 comments

Why haven't we had WWIII yet?
by Migeru - Apr 30
258 comments

LQD - Locking down an American workforce
by ATinNM - Apr 28
15 comments

More Diaries...

Occasional Series

Click for full list