The stock market isn’t the only thing to have recovered since this time last year — in fact where stocks have increased by 48%, good old oil has doubled. Perhaps you have noticed — I paid $2.85/gallon for gas yesterday.
There are no suggestions that oil prices are going to tumble any time soon; on the contrary, gas is expected to pass $3/gallon this Spring.
Personally, my issue is climate change, but if you’re into the economy, or security, or other things, what part of this picture is unclear?
Click for a bigger picture, or get it from the source, WRTG Economics.