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The Los Angeles Times looks at some of the potential effects of $200/barrel oil, basing the article on trends already being seen in California and the nation as well as some recent studies.

Some of their predictions--like the shortening of supply chains and more reliance on local suppliers--sound like the unraveling of our cheap fossil fuel-oriented economy that James Kunstler describes in The Long Emergency (post here).

The Las Vegas Sun has an article today which mostly sums up my feeling about gas prices. Las Vegas depends so heavily on tourists that an era of high fuel prices will force a reset on expectations about the local economy.