On July 11th, 2008 the price of oil rose higher than ever recorded - $147 for a barrel of light sweet crude. Two months later, on September 24th, the President of the United States appeared on network television and declared an economic crisis. Economists say that the economic crisis that started in 2008 is about risky shenanigans by banks, mortgage companies and investment bankers. They believe the best way out of our economic malaise is to throw enormous sums of money at those who got us in this mess. Maybe they are right. But, what if they are wrong? What if our economic woes are caused first and foremost by rising oil prices? What if our economic woes are continuing because the high price of oil and other energy is stalling our ability to return to prosperity? It's The Price of Oil, Stupid cuts straight through the ambiguity of the past, present and future and provides practical solutions that place ENERGY at the forefront of a plan to return our country to economic prosperity. - www.itsthepriceofoilstupid.com
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