a serious article from the economist!!
Perils at the pump
Aug 12th 2005
From The Economist Global Agenda
Oil prices hit yet another record this week, on fears of political instability in the Middle East and refining problems in America. So far, the world economy has managed to chug along without much ill effect. But how long can consumers go on paying ever more at the pump without cutting back elsewhere? And why aren?t high prices bringing new supplies to market?
http://www.economist.com/agenda/disp...ory_id=4268274