Crazy Deep Oil Market Analysis
Posted by Stephen Waits Wed, 31 May 2006 16:05:36 GMT
Check out this analysis of oil prices. The interesting thing is that compared to the 70’s crisis, oil today is still a bargain.
I’m all for $8/gallon oil. It helps reduce traffic, gets more people on bicycles and motorcycles, and reduces giant (empty) SUVs. It’s good pressure.
Sadly though, it really screws over lower-income people.