Tag Archives: economist

No longer “Drowning in Oil”

From the recent Washington Post article, “This Time, It’s Different” :
…a decade ago…conditions looked radically different. Regular unleaded gas was less than a dollar a gallon. Oil was little more than $10 a barrel. And the Economist magazine, predicting prices could soon be half that, ran a cover story with the headline: “Drowning in Oil.”
I [...]