Notes Toward a Better Understanding of Six Intersecting Pieces of the Energy Puzzle:
Climate Change, Peak Resources, Nuclear Proliferation, Food Security, Speculative Finance, and Geopolitics
November 3, 2008
Price Spikes of 1990 and 2008
This nice graph from the Wall Street Journal comparing the price spike of 1990 to 2008 suggests the importance of war fears in both cases. That's what drove it up in 1990 after Iraq's invasion of Kuwait.