July 06, 2008 at 19:59 PM EDT
US Energy Consumption as % of GDP
US Energy Consumption as Percent of GDP Interesting how the price hikes get us back to the 1970s ratio. One of the arguments that it was different this time around was that crude is a lower percentage of GDP than it was then. The pass-throughs to the rest of the price structure are just getting started, [...]
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