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But that's what we were saying for $50 dollar oil, and $60 oil, and demand growth did not even slow! Not only is demand not going down, but its rate of increase has not even gone down!

We'll need much more brutal prices changes to have an impact on oil consumption.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Sun Jan 22nd, 2006 at 02:54:52 PM EST
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