Why is oil so expensive?
“The short answer is: nobody knows. Suffice it to say that, ten years ago, when the oil price was $10, nobody foresaw that it would be $140 today. So, even if I had any particular insight, there would still be a 50/50 chance of getting it wrong. That also explains why [...]
Filed under: Economic, Neo Colonialism, energy | Tagged: oil | Leave a Comment »
The current oil crisis that has been sweeping almost everybody who live, eat and travel using the black gold and had caused a massive setback to all people. In Malaysia itself, we have been bogged down with emotional and politicized issue regarding the oil crisis. Bulk of the argument was due to the abandonement [...]
Filed under: Economic, Neo Liberal, energy | Tagged: Economic, oil | Leave a Comment »
