| Why Your World Is About to Get a Whole Lot Smaller, By Jeff Rubin
The economist Jeff Rubin has a track record of being right. In 2000, he addressed the Petroleum Club in Calgary and told them that oil would shortly reach $50 a barrel. His audience was incredulous to the point of amusement. He was right. Five years later, he returned to the same venue and announced that triple-digit prices were imminent. Again he was laughed down, and again he was right. So, when he tells us that oil prices will keep rising and rising because the stuff is getting scarcer and scarcer, and that this will have a seismic effect on the global economy, we ought to listen.
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