Jeff Rubin, is a Canadian economist tells us an interesting theory about how the world is going to change when triple digit oil prices really start to kick in. He believes that the oil shocks will have a massive impact on our lifestyle and define our future. Distance is going to cost money.He suggests that in the near future the ripple impact will be considerable; turning the suburbs into farms and bringing factories back to American citizens. Huge impacts here for everyone from auto manufacturing to public transport and to the goods we buy and import. There's a lot to think about here.
