BC Government Plans for Trade Slammed

W Georgia
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Another Jeff Rubin quote to consider…

A well-known economist and author says the B.C. government is looking in the “rear-view mirror” by spending vast sums of money to become a gateway for more trade with Asia.In an interview in a downtown Vancouver food court, Jeff Rubin, a former chief economist with CIBC World Markets, told the Georgia Straight that in the coming years, “triple-digit” oil prices will make it far more expensive to ship goods here from Asia.

“Trade is going to become more and more regional than transoceanic,” he predicted.

Source: Author Jeff Rubin says peak oil will shrink Asian trade | Straight.com

The press Jeff is getting from the recent release of his book is excellent – and I’d imagine that the reporters are actually reading it and learning about Peak Oil!