No stopping runaway fuel price as pressure on supplies increase

…Just like in the 1970s, the first decade of the twentieth century has seen rapid, major increases in commodity prices. Not just oil, but also gold and other precious metals, copper and other base metals, wheat, maize and other food crops have increased rapidly in price during the noughties. Partly as a result, inflation is again becoming a worldwide concern.

There are, however, important differences between then and now, notably the impact of


Oil is a finite natural resource, and believers in