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Hadas: What oil price volatility is trying to sayA barrel of oil costs 31 pct less than in early October. The message is not about investment needs or a big demand shift. The tumble is big because the geopolitical racket makes lesser moves inaudible. Stock markets may also be speaking up.
Source: Breakingviews - 🏆 470. / 51 Read more »
Hadas: Silly carbon tax talk hides hard choicesThe principle that higher prices reduce demand lies behind calls for levies on carbon dioxide emissions. But prices cannot do much in the large, complicated and economically crucial energy industry. Only big government, or major lifestyle adjustments, can really change things.
Source: Breakingviews - 🏆 470. / 51 Read more »