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Posts tagged “plastics”

By Robert Rapier on Jun 16, 2008 with no responses

How Oil Prices Impact Almost Everything

There is a very informative story in the Dallas Morning News today covering what I recently discussed in The Ripple Effect: Shoppers pay as oil costs trickle down Ripple effect, trickle down effect – it all amounts to the same idea: There are few aspects of modern life that aren’t dependent upon oil. From the article: “So far we haven’t seen much percolation of energy prices through to retail. That’s so far,” said Stephen Brown, director of energy economics for the Dallas Federal Reserve Bank. But some increases are inevitable. And they’ll show up in products that most people don’t associate with black gunk from the ground. For Kevin Brown, an economist with the American Chemistry Council, the iconic product… Continue»