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Monday, May 14, 2012

Jeff Rubin's new book on how high priced oil is changing our lives (in The Toronto Star)

"The former chief economist at CIBC World Markets is once again rattling the cages with his take on the impact of high-cost oil.

"“We’re going to see people get off the road. We’re going to see people all of a sudden drive different types of vehicles. We’re going to see people relocate and we’re going to see tremendous public pressure for spending on public transit,” Rubin predicted during an hour-long interview in the publisher’s offices in downtown Toronto."

Full article: How high priced oil is changing our lives.

Some predictions from the former chief economist at CIBC World Markets. Read it as science fiction, or as serious speculation - either way, it could spark some interesting discussions.