Check the latest Larry Kudlow cheerleading over at NRO. The persistent fool knows that prices will fall. Of course, Kudlow couldn't follow a world demand and supply curve it one made it easy for him. Another great post!
I'm shaking my head in disbelief. Went back and re-read the Kudlow NRO oped only to discover he has a blog that has repeated his claim of excess supply in several posts. A few of the comments noted he predicted oil prices would plummet after we invaded Iraq. So I decided to share with Larry your post - only to find his comment section has been disabled. I wish the smart and honest conservatives like yourself could get Mr. Kudlow to cease and desist with his embarrassing writing. Good luck posting a comment if you choose to try.
... Global warming is very much a question ... rational people are the only one willing to raise the question and let facts speak ... Tim Barnett has chosen name calling becasue the facts do not support his contention.
But the markets aren't 'perfectly competitive' and the corporations of th world have a salient interest in developing China's economy (and in impoverishing Americans).
What do Chinese pay for gas? $1/gallon?
Have we dispensed with the idea of 'supply and demand'?
Excellent!
Check the latest Larry Kudlow cheerleading over at NRO. The persistent fool knows that prices will fall. Of course, Kudlow couldn't follow a world demand and supply curve it one made it easy for him. Another great post!
I'm shaking my head in disbelief. Went back and re-read the Kudlow NRO oped only to discover he has a blog that has repeated his claim of excess supply in several posts. A few of the comments noted he predicted oil prices would plummet after we invaded Iraq. So I decided to share with Larry your post - only to find his comment section has been disabled. I wish the smart and honest conservatives like yourself could get Mr. Kudlow to cease and desist with his embarrassing writing. Good luck posting a comment if you choose to try.
Interesting analysis ...
... Global warming is very much a question ... rational people are the only one willing to raise the question and let facts speak ... Tim Barnett has chosen name calling becasue the facts do not support his contention.
Nice analysis.
But the markets aren't 'perfectly competitive' and the corporations of th world have a salient interest in developing China's economy (and in impoverishing Americans).
What do Chinese pay for gas? $1/gallon?
Have we dispensed with the idea of 'supply and demand'?