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Re: Wall Street horrified over peak oil and renames it 'Super Spike (Score: 1)
by ehv_nl (No-one@all) on Thursday, March 31 @ 21:59:47 PST
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"If crude hit $105 it would not be good (for mining)," said Victor Flores, senior mining and gold analyst at HSBC Securities. "Fuel or energy costs are 25 percent of costs in some operations." There is an interesting remark. Have people here noticed the hike in steel prces? A quick google came up with this: http://www.dot.state.oh.us/construction/OCA/Steel_Index_for_PN525.htm and this: http://business.timesonline.co.uk/article/0,,9072-1497645,00.html


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Re: Wall Street horrified over peak oil and renames it 'Super Spike (Score: 1)
by ehv_nl (No-one@all) on Thursday, March 31 @ 22:02:12 PST
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I'm sorry, that was badly formatted:

A quick google came up with this:

http://www.dot.state.oh.us/construction/OCA/Steel_Index_for_PN525.htm

and this:

http://business.timesonline.co.uk/article/0,,9072-1497645,00.html


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