Posts Tagged ‘ price ’

Compromised Energy

Feb 19th, 2008 | By | Category: Environmental

Today, for the first time ever, oil ended the day above $100 a barrel. It won’t last. The last time oil hit these levels (adjusted for inflation) was in 1980, after the throes of the Iranian revolution. The sudden drop in supply shot prices upwards. Before that, during the oil embargo of 1973, oil simply […]