Posts Tagged ‘oil depletion’

Why Are Oil Prices Already So High?

Posted by Jeff Rubin on November 4th, 2009 under SmallerWorldTags: , , ,  • 5 Comments

It’s always easier to blame supposed culprits than it is to face unpleasant facts. Take today’s oil prices. Consumers complain about price gouging by oil companies. Oil companies point the finger at government restrictions on drilling activity. Governments blame speculators, while the latter blame the ever-weakening US dollar. There is certainly no shortage of blame [...]

Share