Oil Crunch

The economic crunch of the tightening oil supply seems in evidence in two major pieces of business news. One invovles Newell Rubbermaid’s cutting back on the types of plastics products.  The other involves General Motors’ decision not to pay out dividends to shareholders.

This is how change is going to happen. The more costly petroleum and energy becomes, the more we will deal with the problem… we simply have no choice but to deal with it.