Tuesday, February 22, 2011
Oil price fear mongering
Personally, I think oil prices will stabilise as soon as political unrest subsides in the Middle East. The recent spike in prices is just a rather largish blip on a well established long run trend increase in prices.
Nevertheless, there is a lot of alarmist scaremongering out there for those who like a pessimistic tinge to their daily news stories.
Labels:
inflation
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