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[sharechat] Oil prices~long term trend


From: Marilyn Munroe <who.c@res.co.nz>
Date: Thu, 21 Sep 2000 10:49:04 +1200


There has been some discussion on Sharechat recently on oil prices, here is my 2 cents worth.

Oil is a commodity.

A commodity is a product which is the same whoever supplies it. For example you can buy exactly the same product at BP as you can at Caltex.

Ask a farmer, "What are the long term price trends for commodities, in your experience?"

Boop-boop-de-do Marilyn

*

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