Monday, June 16, 2008

What Me Worry? 400% Inflation in 10 Years reports that Saudi Arabia is concerned high oil prices will eventually dampen the world's appetite for oil.
Really? No kidding.

Although the move by Saudi Arabia may provide some short-term savings -- especially since much of this price increase is based upon rampant barely fact-based speculation -- a small dip in prices will not deter the march toward alternative sources of energy.

In other news: Honda rolls out fuel cell car.

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