Where will it go? No one really knows, but Goldman Sachs predicts that oil will continue to rise in the long run. My only hope is that Obama's ambitious green energy plans and increased efficiency ensure that we stay out of a recession (for some time) with any price of oil.
Today I Learned
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"Beginning in the last decade of the 18th century, firewood output
increased from about 18% of GDP to just under 30% of GDP in the 1830s."
Source.
5 days ago
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