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The Price of Energy

Dr. Edward Runge>LPL Interviews N-Z>LPL Interviews K-Z, Segment 6

The Price of Energy,

duration 01:16
GLOBAL ECONOMY
Energy was cheap his whole life. Gas at 19 cents a gallon long ago. Then in the 1970, prices went up, up again now. If cheap energy led to centralization and globalization, where does high energy prices lead - to localization? He doesn't want to go back to the 1940s.