Homestead mailing list

[Clansgian AT wmconnect.com]

> >To those of you who follow the economy, do you think prices will 
> continue to go down before the end of the year or do you think they will 
> start heading up again?
> 

Down, perhaps by a notable bit.

And then watch out.  Prices will rise next year, says I, but not by much very 
early in the year.

In the mean time, because of low gas and oil prices, all new exploration, new 
recovery technology, alternate energy, alternate transportation, alteration 
of the ultimately doomed exburbs, will all be put on hold or dropped entirely.

World oil production is still declinine, it just that demand is declining 
faster.

For example, as you know, you don't get nearly as good mileage using E85 as 
straight petrol.  Right now in these climes regular gas is $1.59 and E85 is 
$1.79.  You can't give the stuff away and it has a very short shelf life.

Right now is a breather and it is being squandered.  Get out of the petrol 
merry-go-round as much as is possible while the getting is good.


James