OIL OR UGLY WEATHER, NOTHING LASTS FOREVER!

RISING OIL PRICES COULD BE THE ELIXIR; BY DRIVING MANKIND TOWARDS BETTER ALTERNATIVES

What do the current weather and oil prices have in common? Both are unbearable in most parts of the world these days! And what makes the difference between oil and temperatures above 40 degrees Celsius? The hot weather will subside in winter whereas record oil prices can be expected to keep the momentum and may reach the dreaded figure of $100 per barrel after its recent all-time high at $78. This widely expected move will probably be powered by an intensification of the violent conflicts in the Middle-East, strongly growing demand in the industrializing countries and persistent bottlenecks in refining capacities.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006

Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)