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Gas Prices Aren't Cheap, They're Volatile

By Michael T. Klare, Tomdispatch.com. Posted September 29, 2006.


Because global oil supplies are never likely to be truly abundant again, it would only take one major storm or one major crisis in the Middle East to push crude prices back up near or over $80 a barrel.
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Gas Prices Aren't Cheap, They're Volatile

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Michael T. Klare is a professor of peace and world security studies at Hampshire College in Amherst, Massachusetts and the author of Blood and Oil: The Dangers and Consequences of America's Growing Dependency on Imported Petroleum.

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