FOX NEWS

Friday, January 8, 2010

ENERGY COSTS BEGIN THEIR UPWARD MARCH

It doesn't take a Nobel Laureate to figure this out. If those of us that aren't making the kind of money we used to have to spend more on energy, what do you think is going to happen to all of our other spending?

This could be the final nail in the coffin if they can keep the prices up. With low demand on the transportation side it would seem that a free market would cause prices to fall. Makes you wonder just how "free" the market is.

Peak Oil in action. We don't have to run out of energy; pricing us out of the market has the same effect.




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