Oil shock: what's in store?
Petrol at more than a $1.40 a litre is going to hurt more than the hip pocket, reports Richard Webb.
JUST as we were starting to get used to petrol around $1.15, escalating tensions over Iran's nuclear intentions have pushed crude oil to a record $US73.67 a barrel and we are suddenly looking at petrol up to $1.45 a litre this week.
( Full story here )
JUST as we were starting to get used to petrol around $1.15, escalating tensions over Iran's nuclear intentions have pushed crude oil to a record $US73.67 a barrel and we are suddenly looking at petrol up to $1.45 a litre this week.
( Full story here )
posted by Oil Shock at 4/22/2006 10:48:00 AM
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