Friday, August 12, 2005

Tipping Point?

Is this the tipping point? What happens next? Until now the supply of oil has always outstripped the demand for its production. The demand has finally caught up, and the prices are going up. In itself, that fact is nothing to worry excessively about, but the possibility of another oil shock (when, for example, one major supplier goes off-line for a period of time) is definitely worrisome.


See this article for details.


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