Sunday, May 31, 2009

Quote Of The Week

I think there's no question that supply-demand fundamentals are not reflected in the current (oil) price.... I think this underscores the need to increase oversight of these markets."

-Tyson Slocum, director of the energy program at the Public Citizen watchdog group, reflecting on the role of speculation upon the sharp rise in oil prices

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Iran: a Threat?

In a previous post, I favorably quoted international relations scholar John Mearsheimer.  A longtime critic of Israel, Mearsheimer justifia...