{"id":5574,"date":"2011-03-10T18:28:50","date_gmt":"2011-03-11T01:28:50","guid":{"rendered":"http:\/\/www.boulderblueline.org\/?p=5574"},"modified":"2011-03-10T18:28:50","modified_gmt":"2011-03-11T01:28:50","slug":"nytimes-com-the-price-were-willing-to-pay-for-oil","status":"publish","type":"post","link":"https:\/\/www.boulderblueline.org\/?p=5574","title":{"rendered":"NYTimes.com | The Price We&#8217;re Willing to Pay for Oil"},"content":{"rendered":"<div id=\"attachment_5576\" style=\"width: 460px\" class=\"wp-caption alignright\"><a href=\"http:\/\/www.boulderblueline.org\/wp-content\/uploads\/2011\/03\/LibyaBouriplatform.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-5576\" class=\"size-full wp-image-5576\" title=\"LibyaBouriplatform\" src=\"http:\/\/www.boulderblueline.org\/wp-content\/uploads\/2011\/03\/LibyaBouriplatform.jpg\" alt=\"\" width=\"450\" height=\"338\" srcset=\"https:\/\/www.boulderblueline.org\/wp-content\/uploads\/2011\/03\/LibyaBouriplatform.jpg 450w, https:\/\/www.boulderblueline.org\/wp-content\/uploads\/2011\/03\/LibyaBouriplatform-300x225.jpg 300w, https:\/\/www.boulderblueline.org\/wp-content\/uploads\/2011\/03\/LibyaBouriplatform-400x300.jpg 400w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><\/a><p id=\"caption-attachment-5576\" class=\"wp-caption-text\">Libyan oil platform, wikipedia, http:\/\/en.wikipedia.org\/wiki\/File:Bouri_NC_41_DP4_platform.jpg<\/p><\/div>\n<p>When oil prices are high, Americans like to say that the oil markets are broken, driven by speculators, detached from reality, driven by conspiracy. When prices are low, we do not have complaints about the oil markets. Then we say the \u201cmarkets are working\u201d as they are supposed to. In our minds the \u201creal\u201d price of oil is whatever we consider cheap.<\/p>\n<p>Read the entire article at NYTimes.com <a href=\"http:\/\/www.nytimes.com\/roomfordebate\/2011\/03\/08\/whats-behind-the-spike-in-oil-prices\/the-price-were-willing-to-pay-for-oil\">The Price We&#8217;re Willing to Pay for Oil &#8211; Room for Debate<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When oil prices are high, Americans like to say that the oil markets are broken, driven by speculators, detached from reality, driven by conspiracy. When prices are low, we do [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":5576,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[45,285,284,265],"class_list":["post-5574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-articles","tag-energy","tag-oil-prices","tag-oil-production","tag-peak-oil"],"_links":{"self":[{"href":"https:\/\/www.boulderblueline.org\/index.php?rest_route=\/wp\/v2\/posts\/5574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.boulderblueline.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.boulderblueline.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.boulderblueline.org\/index.php?rest_route=\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.boulderblueline.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5574"}],"version-history":[{"count":5,"href":"https:\/\/www.boulderblueline.org\/index.php?rest_route=\/wp\/v2\/posts\/5574\/revisions"}],"predecessor-version":[{"id":5580,"href":"https:\/\/www.boulderblueline.org\/index.php?rest_route=\/wp\/v2\/posts\/5574\/revisions\/5580"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.boulderblueline.org\/index.php?rest_route=\/wp\/v2\/media\/5576"}],"wp:attachment":[{"href":"https:\/\/www.boulderblueline.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.boulderblueline.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.boulderblueline.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}