Great Article on oil!

[olyclimber]

oi!

[olyclimber]

that's just bad English. "Attached by bacteria" is not an acceptable phrase.

Yes. It is Bad English. Have you read the book?

[Peter_Puget]

Follow-up:

 

Nobelist Robert Solow :

"If there's an exogenous increase in oil prices -- from a monopolist -- then you could view it as an excise tax," Solow said in a phone interview. "The extra revenue stays outside" the U.S., although even that's only a first-round effect.

All signs point to the current oil price rise as "a demand- side driven increase," Solow said. As such, there aren't a lot of negative implications for growth.

 

PP