THE GLOBAL OIL CRISIS May 26, 2008
Posted by wmmbb in Humankind/Planet Earth, Modern History.add a comment
The problem it seems it not so much the elephant in the room, but the elephant in the china shop. According to The Independent, the price of oil would be $40 per barrel and not the record $135 per barrel recorded last week. Of course at $40 per barrel, oil would have appeared to be much higher than previously, and no doubt many would have been bemoaning the fact. The invasion and occupation, that noble yet criminal venture, according to the newspaper have cost $6 trillion dollars in higher energy prices – however much that might be.
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