GolfHos

General => The Cantina => Topic started by: Aske on December 04, 2008, 12:15:40 PM



Title: [Econ D+G] jeebus
Post by: Aske on December 04, 2008, 12:15:40 PM
http://bloomberg.com/apps/news?pid=20601087&sid=a290NfBNdPcE&refer=home

Oil consumption down  6%+ in the USA.  Inconceivable.  Think about it, that's about 20 days of oil not used.
 [sm_shock]    The recession is f'n here alright.



Title: Re: [Econ D+G] jeebus
Post by: Blader on December 04, 2008, 12:21:11 PM
cool

that's one hell of a bitch slap OPEC won't soon forget

btw, post title should read "Elasticity FTW!!"

(http://upload.wikimedia.org/math/c/3/a/c3a865007810ac782f4b31c32abf86a2.png)


Title: Re: [Econ D+G] jeebus
Post by: twoiron on December 04, 2008, 12:21:46 PM
less oil consumption = less motorists on the road = less motor vehicle accidents = good thing