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  • $25 Oil Could Happen Before a Return to $100 [View article]
    $25 oil might be around the corner, but I think a lot of people aren't going to have too much confidence that the price will stick around for long. Americans are shell shocked by the volatility and when gas goes up and down by 15 cents a gallon in the space of hours, it scares everybody.
    On the other hand, Americans have an infinite capacity to forget and ignore the historical lessons that were recently learned as evidenced by the move to the monster SUV in the late 80's and 90's. Remember, we had an OPEC induced energy shortage in the early 80's. Time to get off the fossil fuel and move to something sustainable.
    Dec 05 09:03 am |Rating: +1 -1
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