Re: OPEC & Oil Prices - Typos corrected

["J. Barkley Rosser, Jr." <rosserjb@xxxxxxx>]

Harry,
     Nah.  It's the other way around.  People "respect oil"
when its price is high.
Barkley Rosser
-----Original Message-----
From: Harry Veeder <veed0001@xxxxxxxxxxxxxxxx>
To: POST-KEYNESIAN THOUGHT <pkt@xxxxxxxxxxxxxxxx>
Date: Tuesday, March 14, 2000 6:16 PM
Subject: Re: OPEC & Oil Prices - Typos corrected


>
>
>Is it possible that the current rise in oil prices simply marks a shift in
>the market's attitude towards oil.  The market has moved from an attitude
>of relative indifference towards oil to an increased respect for oil's
>ability to sustain our life style. The price rise obliges us
>to spend some time "counting our blessings" but some people consider
>such activity a "waste of time".
>
>Harry Veeder
>
>