Saturday, May 21, 2011

Economics lesson for the USA



Four bucks for oil? That shit is whack!
We went to war for oil, I want my cash back.
Who can tell me why this time around,
Oil is up but the economy's down.
...
But I'm an American damn it, I'm willing to fight
Cheap gas to me is a natural right.

From Taiwan. H/t James Fallows.

A little complex for most of us at the end, but it explains much of what we need to understand about energy prices in the real world (not the Washington world) we live in. It also offers a glimpse of what a gas-guzzling patriot looks like from elsewhere.

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