In the soon-to-come world of triple-digit oil prices, distance will cost money. All of a sudden geography will become a lot more important to trade patterns than it has been in the ever-shrinking global economy.
Read Whole Story
The world is not running out of oil. It's just running out of the oil we can afford to burn.
Get top stories and blog posts emailed to me each day. Newsletters may offer personalized content or advertisements. Learn more.