default_image
© Khunaspix Dreamstime.

Fred Smith, founder and chief of FedEx, has appealed to the US to delink its economy from “an increasingly unpredictable global oil market”. Noting that the country is lulled into complacency when prices drop, only to find itself buffeted by volatility when it rises again, he urges action to stop the cycle. He writes that there are four ways: better domestic production policies; an overall reduction in demand; the development of alternatives; and a national conversation on the future. The ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article


You must be logged in to post a comment.

    Topics

    Black gold FedEx