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Friday, June 24, 2005

No substitute for Oil

Atrios on oil disruptions.
The problem with an oil supply disruption isn't simply that it'll increase the price of energy. The problem is that for large chunks of our economy (commuting/freight transportation/etc...) there simply is no substitute for oil. No oil, car no go, truck no go, plane no go.
The left-side of the blogistan gets it.


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