June 29th, 2008, 12:33 PM
|
#7 (permalink)
|
| ================>
Join Date: Aug 2003 Location: PA, USA
Posts: 18,941
| Quote:
Originally Posted by MTAtech  Are you suggesting that 5% causes a 2.5 times increase in price? | Other way around. As you probably know, gas is a pretty inelastic commodity, so demand won't decrease at the same rate price increases. |
|  |