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How will peak oil effect the share market and global economy?
12-14-2012, 03:20 PM
Post: #3
 
As oil rises, it will affect the economy negatively. It always does. It takes money out of the pocket books of people preventing them from buying goods and services that they have to put into gas and oil for their cars , and heating oil for their homes. Less goods, means less jobs and higher unemployment.
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[] - John W - 12-14-2012, 03:20 PM
[] - Jim Z - 12-14-2012 03:20 PM

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