Monday, April 28, 2008

Oil prices not likely to fall, but it may be a good thing

The rise in oil prices hurts us directly in the wallet. CNN.com relates a common theme.

The bad news is that we have less money to spend on travel and that undermines the dynamism in the economy.

Fortunately, the rising prices highlight our need to explore alternatives and the costs of fuel will push us to find new energy supplies.

In the long run, we'll be better off, but it's sure to be painful until that time.

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