Another Economic Millstone . . . Er, Milestone

Posted by SHAUN MULLEN, TMV Columnist in Economy.
Mar 3rd, 2008 | 2 responses

Oil prices today passed their all time, inflation-adjusted record, flirting with $104 a barrel. Barry Ritholtz, for one, thinks that this commodity has legs.

2 Responses to “Another Economic Millstone . . . Er, Milestone”

1. DLS says:

   March 3, 2008 at 4:45 pm

   Lefties typically gripe that the USA's fuel prices are “too low” [sic] or are “artificially low” [sic] because they aren't accompanied by taxes as vast as those of Europe. They are in no position to complain about high prices if and when they do occur. And no, every complaint cannot be placed on “Big Oil.”
2. Slamfu says:

   March 3, 2008 at 9:16 pm

   So, how much farther does it have to go before we've repeated the energy crunch of the 70's?