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Old 09-06-2005, 07:00 PM   #193
russotto
Professor
 
Join Date: Jan 2001
Posts: 1,788
Quote:
Originally Posted by Elspode
Laws of supply and demand do not apply to energy prices anymore. That is to say, things that push prices *downward* for everything else affected by Supply and Demand don't apply to energy. Anything that pushes prices upward does, however.
The word for that situation is "bubble". However, I don't expect this one to burst until 2008.
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