Nafeez Ahmed: "The study notes that "oil shortages pose a high risk for economies" and points to evidence that high oil prices were a "partial cause" for the 2008 global financial crisis. Focusing on the US economy - the biggest consumer of oil and oil-based products in the world - the study found that all major industrial sectors were at risk, including food and food processing, primary agriculture, metals and metals processing, and transport:"
'via Blog this'
