In a way, this post is a follow on to yesterday's. The mainstream media thrives on making the world look as if it is going "to hell in a hand-basket". Steve Verdon gets it right.
"25 years ago the price of oil was just under $40/barrel. So what is $40 from 1980 worth today? Ninety four dollars and 42 cents. 25 years ago the price of oil was just under $40/barrel. So what is $40 from 1980 worth today? Ninety four dollars and 42 cents."
For a graphical illustration, click here. The recent increase in price is a problem, but not the disaster the MSM would have you believe.
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