Hundred Dollar Oil

Hey, why are we worried about science budget cuts and all that stuff ? The economy is going to collapse soon anyway. Oil just hit a hundred dollars a barrel. Its waggling up and down, but the ton has been cracked. You can track it at www.oil-price.net, read more newsy stuff at CNN, or deeper insights at The Oil Drum. As I scribbled back in November, we is all living in fantasy land.

Tighten your belt and get used to it.