Economics

Fret, fret! Am I off the wall in thinking a company like ACS ought to be thinking about Plan B: what do we do if energy prices keep going up, our cost of doing business increases, and we have to compete for scarce dollars going to oil? Higher Oil Prices Soon To Squeeze Consumers

What does a barrel of crude oil cost, Alex? Crude went to a record $50 yesterday. According to the NY Times: Fueling these gains is the alignment of three events: record high demand, historically low spare production capacity, and a set of potentially destabilizing events in some of world’s the top oil-producing regions, including Iraq and Venezuela, to name only ...

It appears this business of end of cheap oil is getting more attention. The title above comes from an article from a Harvard Business School e-newsletter I got this morning. The meme is getting around. So I pose the same question to the ACS: How do we prepare for a world without cheap oil? The reason I ask is because ...

So why hyperventilate, as I have, on FISpace—a blog re Society-related things—about possible oil supply peaks and about senior citizens edging-out teens for crappy jobs? Well, to me these are indicators about Mother’s Milk, about the stuff that makes the world go ‘round—money. For me it all goes back to a remark in one of Ed Duke’s original posts about ...