Posterous theme by Cory Watilo

Something to Think About at the Pump

Whenever the stock market goes up nowadays, so does the price of oil.
Can you live with a 1 in front of this number?
Meanwhile the oil producers are in denial about the causality and causation.
  • They sell oil.
  • We burn oil.
  • This produces carbon dioxide and pollution.
The risk here that OPEC and oil companies ignore is that might do to the planet and our future what credit default swaps and subprime mortgages did to the economy.