Wednesday, August 24, 2005

An Oil Crisis?

Why are oil prices so high? What should our government do? Are we running out of oil?

You have questions. Economist Thomas Sowell has the answers. For those who are busy, the answer are (1) supply and demand; (2) nothing; (3) no.

See "An Oil 'Crisis'?" Part 1 and
"An Oil 'Crisis'?" Part 2.