25/06/2008

Care to speculate oil prices in the year 2030?

A news report expects the  World energy use to surge 50 percent by 2030. It cites expanding population and rapid growth to be the cause.
 
Which means there is going to be no let up in inflationary trends.
 
One wonders the purpose of releasing such report at the present juncture.
 
Instead of cooling down prices, this is deliberately timed to take the prices through the roof.