Yet another article on the price of oil.
A comment by an economist pubished in the Globe & Mail:
http://www.theglobeandmail.com/servlet/sto...specialComment/
I would tend to agree with much of what the author has to say. At a minimum, it's a bit more balanced piece that what seems to be the norm in the media.
By balanced I mean the author understands that it is the inter-play of supply and demand that determine the price in any market, and that market forces are not static.