[TheForge] RE: Tool Steel

[schade at acegroup.cc]

On Dec 26, 2006, at 9:21 AM, Stephen Viola wrote:

> Yeah it seems that both steel and coal have decided to take a hike
> through the roof.. not sure why.. due to oil prices or what??? if not
> it is always easy to blame it on oil anyway!
> I'm not that much of a market follower so I have no real idea why the
> prices are escalating.
> Can anyone shed some light on that?
>
> Stephen
>
>

You got it Stephen. Energy, energy, energy. Coal *is* energy and steel
takes lots of energy to make. It's all about energy and as energy gets 
more
scarce everything that has anything to do with energy.....
and that's everything, will get more and more and more expensive.

Don't sell your scrap pile!

Bob

ps. google "peak oil"