Tuesday, January 19, 2010

Jeff Rubin on the impact of oil price spikes

Worth watching in its entirety:

1 comment:

JDC said...

Gasoline is already £1.13 per litre ($6.70 per gallon) here in the UK and business is still going on as usual, no rioting in the streets here! This with a dead end economy and completely depleted manufacturing base. There may not be a technological silver bullet, but American ingenuity (perhaps wedded to eurasian efficiency and parsimony) can find ways to do more with less!