24 February, 2011

Plus....this really worries me

Since 2008 I've been thinking that the next big oil price spike could be the start of dramatic changes in the world... and now that next big spike is here.

It's not what's going to change that worries me so much as how fast it will change. Most people will be able to adapt if the change is slow.

Opec can take up the Libyan slack, of course, so is this spike artificial panic, or an actual spike? And does that really matter?

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