Jun 06 2008

The Grand Illusion on Gas Prices

Published by Johannes Ernharth at 3:39 pm

Ok… So the author of this piece uses a little rhetoric to make his point. Our only issue of disagreement is that we believe there’s also a Peak Oil problem. In other words, the Federal Reserve Note “dollar” is dropping rapidly — true enough. But Boone Pickens is correct — supply is a problem as well. Between the two, we have a real mess.

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