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92Y: Larry Kudlow: From Washington to Wall Street
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92Y: Business & Finance

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TWeisser15 Avatar
TWeisser15
Posts: 4
Posted: 04.06.12, 12:31 PM
I agree completely. Nice point fandog!
Quote:
What the economists don't get is that the industrial economy runs on energy inputs, primarily gas and oil. With plentiful surpluses of the past two hundred years, growth was always possible. Today, every last drop of oil is being snatched up by China and India and the market can barely pump and refine the product fast enough. To grow the industrial economy, the energy supply has to grow along with it.
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Fandog Avatar
Fandog
Posts: 1
Posted: 07.19.11, 05:48 AM
What the economists don't get is that the industrial economy runs on energy inputs, primarily gas and oil. With plentiful surpluses of the past two hundred years, growth was always possible. Today, every last drop of oil is being snatched up by China and India and the market can barely pump and refine the product fast enough. To grow the industrial economy, the energy supply has to grow along with it.
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