Elayne Riggs' Journal (for Leah)

Monday, December 29, 2008

Coincidence v Causality

In the elevator this morning (which carries the Captivate network) I noticed a headline about how oil has risen above $40 a barrel again as the situation intensifies in Gaza. A more skeptical person would, naturally, question whether the violence is escalating in a deliberate manner to bring about just such an increase, or whether profiteers are merely taking advantage of volatility to scare potential buyers.