While it may look like oil is not even the half of sources for energy, but "near-perfect synchronization of prices" of three major sources is stunning.
Enjoy the Mid-East and tell yourself it is not your problem.
Friday, March 04, 2011
Relative Importance Of Oil
Nice and informative charts by economists at Deutsche Bank. Click on charts to enlarge, courtesy of Deutsche Bank.
While it may look like oil is not even the half of sources for energy, but "near-perfect synchronization of prices" of three major sources is stunning.
Enjoy the Mid-East and tell yourself it is not your problem.
While it may look like oil is not even the half of sources for energy, but "near-perfect synchronization of prices" of three major sources is stunning.
Enjoy the Mid-East and tell yourself it is not your problem.
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