The following is adapted from $20 Per Gallon: How the Inevitable Rise in the Price of Gasoline Will Change Our Lives for the Better by Christopher Steiner, Grand Central Publishing (2009).
What does it mean to be middle-class? It means to have a home, to have a regular income, to have consumer freedom, to drive a gas-burning vehicle, and in general, to consume. And when people consume, they consume oil.
News, business, and commentary concerning energy security and independence and how Kentucky government and business can be leaders in making America energy secure.
Thursday, July 23, 2009
Forbes.com: $20 Dollars Per Gallon - How the rising price of oil will change our lives
I recommend the following new book from Christopher Steiner of Forbes Magazine. His new book details the potential for $20/gallon gasoline and its impact on the American economy.
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