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02-27-2004
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Join Date: Oct 2002
Posts: 4,036
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Anyone want to comment on this potential time bomb?
http://tonto.eia.doe.gov/oog/info/twip/twip.asp fuel prices have a major effect on the end cost of all sorts of things. Is the US headed for inflation issues? Will gas be $2 this summer? The dropping value of the US dollar does tend to prop up the internal economy by making it cheaper to make certain marginal products in the US instead of outside. Short term more people work. The effects on the shipping and transport industries are slower to show up. Alex
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