Daily Reading – Wednesday, September 21, 2011
The Big Picture: Pushing on a String
By now, I am pretty much bored silly with the nonstop Fed watching, commentary, will they/wont they chatter about today’s FOMC announcement. So much ink has been spilled over the subject, that much of this is well trod ground.
Rather than repeat the usual blah blah blah, I thought I might raise a few points that might otherwise be overlooked…
Wall Street Journal: Daniel Yergin: There Will Be Oil
or maybe not >>> Econobrowser: More thoughts on peak oil
In Saturday’s Wall Street Journal, Daniel Yergin, chairman of IHS Cambridge Energy Research Associates, gave his explanation of what’s wrong with peak oil. Here’s why I don’t find his analysis altogether convincing.