On Sunday, the New York Times ran another story about the difficulties of forecasting petroleum prices. The cost of oil will impact far more than the airline, automotive or travel industry. It could impact any company that has inventory to ship or deliver.
The piece seems to support my assertion that the challenges presented by an economic recovery could be just as hazardous as those caused by the recession. [See the Elm Street posting dated 6-24-09.]
Mike Anderson
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