Oil and the Kedrosky Cusp

I just had an email correspondent suggest that I need to claim title to the crude oil price point at which equivalent economic damage is done (economy, cleantech, etc.) by price moves in either direction, up or down. I argued earlier we may be at that point.

His suggestion? Call it the Kedrosky Cusp. I like it.

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  5. Oil: We’re Screwed in Either Direction