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  Oil prices are monthly average import prices at the refinery. Notice that the first OPEC crisis, cut oil imports in half. The economy responds to price dramatically, but it takes about 5 years to really get going and 10 for near full effect. Prices in Feb. 2009 dollars.
 
 
  Do you know what "Security" means in Waxman's Cap-Trade Bill?
In the "American Clean Energy and Security Act," "Security" does not mean "energy security." Every single time it's used, it means climate security! OPEC has finally leaned act as a cartel. When the recession ends, we're in deep trouble. If you think energy-security should be part of this bill, Carbonomics is the book for you.
 
 
 
  Good sources for more oil information:
Barron's Market Data Center Commodities and Futures Overview.
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http://zfacts.com/p/196.html | 11/07/09 09:35 GMT
Modified: Sun, 19 Jul 2009 02:42:45 GMT
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Carbonomics-120w
Sample Chapters
Carbonomics:
Cap and Trade
Kyoto II,
Oil Security ...

Bear with OPEC ?!

 
 
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