Hard times – May 23

Economic tide is rising for repo man
If $4 gas is bad, just wait
Oil threatens to pile ÂŁ700 onto average fuel bill
High prices won’t stop the world growing

Consumers cut driving but not diets: poll

Distillates

The evidence is mounting that the US might just encounter the first real crisis of the oil depletion age before the year is out. The crisis at first will be one of spiraling prices for diesel and heating oil that will cause considerable economic havoc, and then there may be actual shortages right here in the United States.