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Keyword: fungiblecommodity

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  • Our silly little 'addiction' (Oil is a fungible commodity)

    02/24/2006 4:34:25 AM PST · by ajolympian2004 · 17 replies · 4,003+ views
    Rocky Mountain News column ^ | Friday February 24th, 2006 | Mike Rosen
    Rosen: Our silly little 'addiction' Sometimes you get great life lessons in unexpected places. Kudos to Scott Adams, the cartoonist who writes the Dilbert comic strip. Adams cut through the fog and gave his readers a valuable insight into the real-world international politics and economics of the energy conundrum. In a recent strip, Dilbert readers were treated to the following exchange: Dilbert: I'm thinking about buying a more fuel-efficient car. Dogbert: Why? Dilbert: It's my patriotic duty to reduce this country's dependence on foreign sources of oil. Dogbert: Why? Dilbert: Because then the countries that hate us will have less...