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Pay no attention to the people behind the curtain

Monday, June 30, 2008

Oil Price Silver Lining

By Keith Schmitz

Just heard it speculated on Morning Joe that higher oil prices are going to increase the cost of importing goods from Asia and possibly making production in the US more viable.

Also learned last week that LEED (Leadership in Energy and Environmental Design) standards for buildings are encouraging purchase of materials to happen within 500 miles of a project.

Could there be a new economic paradigm?

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