Energy Implications of a Federal Debt Default

Energy Implications of a Federal Debt Default

Posted: 19 Jul 2011 08:59 PM PDT

Much of the attention concerning a possible failure to increase the US debt ceiling by month-end has focused on the government's ability to borrow, and on how individuals might be affected, whether as recipients of social security, pay or pensions from various branches of the federal government, or as consumers seeking car loans or mortgages. I haven't seen a lot of discussion about the potential impact on energy, other than some speculation about higher oil prices.