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Oil prices are starting to spin out of control once again. What happened the last time oil went well above 100 dollars a barrel? Oh, that's right, we had a major financial crisis. So now that oil prices are on a relentless march upward again, what can we expect this time?

Well, what we can expect is more economic trouble. The truth is that oil is the "blood" of our economy. Without oil nothing moves and virtually no economic activity would take place. Our entire economic system is based on the ability to cheaply and efficiently move people and products. An increase in the price of oil puts inflationary pressure on virtually everything else in our society. Without cheap oil, the entire game changes.100% Reality

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