King Solomon on the Economics of Oil (ud)

When gas prices fall, is it is good or bad for the economy? Read Charles Krauthhammer’s opinion and compare it to mine. Seems we both believe in Don Quixote on this subject.

http://www.washingtonpost.com/opinions/charles-krauthammer-raise-the-gas-tax-a-lot/2015/01/08/5b4b407c-976f-11e4-aabd-d0b93ff613d5_story.html

King Solomon on the Ecconmics of Oil

When gas prices fall, is it is good or bad for the economy?

King Solomon on Sheep Oil

 

Wise King Solomon gave advice about keeping a close eye on sheep, a wealth asset in ancient times.  If we consider USA domestic oil and energy production in a similar context today as a wealth asset, we are instead being foolish by closing our eyes for future generations.