<html><body> <DIV>I don't know about the rest of the country, but gas prices have skyrocketed in Caliifornia in recent weeks - $ 3.25 per gallon or higher. SR</DIV> <DIV> </DIV> <BLOCKQUOTE style="PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #1010ff 2px solid">-------------- Original message -------------- <BR>From: Doug Henwood <dhenwood@panix.com> <BR><BR>> [This is from Ed Hyman's daily commentary. Hyman is Wall Street's <BR>> favorite economist, and ISI is his shop.] <BR>> <BR>> Mike Rothman of ISI-New York: "Despite still evident concerns in the <BR>> market about 'peak oil' and supply availability, 2007 looks to see <BR>> the largest non-OPEC supply gain in nearly 30 years. It's also <BR>> interesting to note that global oil demand growth appears to be on a <BR>> much weaker trend than generally believed." <BR>> <BR>> <BR>> ___________________________________ <BR>> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk </BLOCKQUOTE></body></html>