The Bike’s Place in an Energy Policy

So a friend astutely pointed out that if there’s a recession on, it’s not necessarily the fault of the housing market. His theory is that it’s an issue of the rising costs of energy, and I’d say that that’s fairly sound. Energy costs are up across the board — it’s more expensive to heat my apartment, run my electronics, and fuel my car. In the case of the car, almost twice as much as when Bushie came into office. The entire economy runs on gas (god help us), and when fuel costs go up, the cost of goods go up as it requires more money to get them to a point of sale.

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