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My understanding is that the threshold where alternate forms of
transportation: electric cars, natural gas cars etc., would start to be
economically feasible and competitive is at the $3.00/gallon level.
Patrick White
----- Original Message -----
From: "Bill Bancroft" <bbancroft@xxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, March 08, 2000 2:29 PM
Subject: [RT] Re: Alan Greenscam, Public ENEMY Number ONE
Whether it is OPEC or a united Seven Sisters, don't each of them have an
interest in keeping oil prices
from rising too high? If prices go high enough, demand will drop off and
companies may start intensely
looking for alternatives to oil. Or is demand for oil inelastic?
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