Monday, June 05, 2006

What is really causing this gas-price run-up?

Supply & demand, nationalization and political turmoil is at the root of current price run-up. The graphics from a recent Business Week article tell a compelling story!

- Not just "Big Oil" anymore!
- Supply & demand: Peak oil!
- Nationalization
- Resulting in higher prices

Compared with the 1970s.



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