Thinking Only With Their Wallets

As a result of the skyrocketing price of oil, more Americans are now using public transportation and buying smaller cars. If only they had done so years ago. In related news, Paul Krugman warns that the high price of oil is here to stay: The fundamentals are sound, and the market is not overrun by speculators.

This entry was posted on 12 May 2008 at 4:43 am and is filed under Business, Culture, Economics, Energy, Environment, Finance, Global Warming, Oil, Politics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Thinking Only With Their Wallets”

  1. Jeremy Says:
    12 May 2008 at 6:45 am

    Good news, shame it takes a crisis to get people to pay attention to what ought to be common sense.

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