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Originally posted by SantaClaus
Soon, I am sure some small towns will be completely extinct due to pricing. Large cities will be the only affordable places to go.
Originally posted by Karlhungis
reply to post by acewilliams
Demand is lower. This is a crisis of greed, not a crisis of supply. I have a thread going (not much traffic on it though) about how last month showed the steepest decline in US driving in recorded history. Yet prices still climb. As others have pointed out, if it were a supply issue, people would be having problems getting gas but all of the gas stations are full. This is an artificial bubble and a few people are profiting off of the suffering of the entire world. When I say suffering, I am including the people who are starving because they can't afford food since fuel has driven up that as well.
(Side note: It is funny to me that the 3 of us posting on this are all from Oregon. Maybe things here are worse than everywhere else? EDIT: Then JPM had to go and mess it up)
[edit on 28-5-2008 by Karlhungis]
Originally posted by SantaClaus
Soon, I am sure some small towns will be completely extinct due to pricing. Large cities will be the only affordable places to go.
Good thread by the way.