by dohboi » Wed 15 Oct 2008, 18:07:09
Someone on another thread (sorry, can't remember who or where now) compared the PO and price destruction to an anaconda eating a live victim.
The anaconda waits till the victim breaths out to swallow more of him, then wait for the next out breath, swallows more...until the victim is completely consumed.
I thought this was a grim but brilliant comparison to what we are seeing. We started to be swallowed by PO and we breathed in (conserved int he face of high oil prices). But now (as prices receded) we are breathing out a sigh of relief, but the anaconda has not yet finished its meal.....