Action must be taken now to deal with peak of oil
Jan 05, 2008 04:30 AM
Tyler Hamilton raises three crucial points in his article:
Gasoline prices, the Canadian-U.S. dollar exchange rate and crude oil have all passed a critical benchmark over a short period of time.
Not only is this a sign of fundamental changes within our economy, it is unfortunately very much beyond control of the Canadian consumer.
It is high time for the government to realize that the world oil peak is imminent and that necessary adjustments will require years to impact our energy economy.