Oil: Why We're in Trouble

Today we are in the same position we were in 1980, except there are no major fields left to be brought on-line.

clipped from uk.reuters.com Dow's bear market run spells trouble for Wall St. Wed Jul 2, 2008 11:49pm BST   Email | Print | Share | Single Page| Recommend (0) [-] Text [+] 1 of 1Full Size By Ellis Mnyandu NEW YORK (Reuters) - With the Dow sliding into a bear market on Wednesday, the dark days on Wall Street are far from over, amid record oil prices, struggling consumers and the never-ending credit crisis.