This is the time to slash subsidies on gasoline and fuel
November 28, 2008
International oil prices have declined to < $ 60/b, the lowest level since early 2007. But in the future demand will keep rising, especially in emerging countries while supply will have increasing difficulties to keep pace. No surprise that the EIA expects a price of $ 200/b in the not too distant future. This is… » read more
Posted by Eberhard Rhein
