Oil is falling. Not a good thing
Posted by Cian O'Donovan on the 12th of August, 2008 at 11:48 pm under environment, sustainability and Uncategorized. This post has no comments.The Wall Street Journal asks who’s responsible for the fall in price of crude oil over the past few days: http://blogs.wsj.com/environmentalcapital/2008/08/12/falling-oil-whodunnit/
Thomas Friedman in the NYT (clearly just back from strawberry picking in the Nordics) asks is it better for oil to remain high: http://www.nytimes.com/2008/08/10/opinion/10friedman1.html?em
Tom Raftery has been saying for months that oil is better off over $200 per barrel: http://greenmonk.net/the-sooner-oil-hits-200-per-barrel-the-better/
And back to the WSJ which claims at off-shore drilling is really a complete non-issue despite the above: http://blogs.wsj.com/environmentalcapital/2008/08/12/rigged-why-does-offshore-drilling-dominate-the-debate/
