Posted by einsler
Having now written four articles on oil, its price, and the consequences that has for everyday uses of oil, such as gasoline and airfare, I have decided to turn these into a series of posts I am calling the Economics of Oil.
As always, comments are welcome and encouraged, even if you disagree with me on any point.
*And yes, you will see just how much similarity Bitcoin mining has to oil
Tags: airfare, airlines, Bitcoin, Bitcoin mining, Bitcoins, conspiracy, derivatives, diesel, economics, flying, gas, hedge, hedging, oil, options, price of gas, price of oil, Saudi Arabia, swaps, United States