Pricey oil always a bad thing?

Robinson, Simon; Baer, John
May 2006
ICIS Chemical Business;5/1/2006, Vol. 1 Issue 17, p5
Trade Publication
The article comments on the high price of oil as of May 2006. In the past few weeks, the world has been full of the news about the oil price and it seems that we are getting closer to uncharted territory as the price of a barrel hovers at around $75. The high oil price, if it is sustained, will spur innovation in alternatives. It will make as realize the true value of being able to travel considerable distances.


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