“The U.S. Federal Reserve Chairman says higher oil prices will slow world markets. But the U.S central bank chief told business leaders in Tokyo that the damage will not be as severe as that seen when energy costs surged in the 1970s.” (Voice of America, Tuesday)
Deregulation: The quickest path to recovery.
FEE Timely Classic
“We're Running Out of Oil? It Just Ain’t So!” by John Jennrich