Oil price will go up significantly within the next 5 years...even the oil for Malta

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No matter which party will be in government, in the next legislature, it is just a big gimmick to make us believe that we will be able to have cheaper electricity prices or any discount on surcharges in the next five years. Here's the article on Bloomberg site which reports that the price of each barrel will go up significantly within the next 5 years...

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Comments

Unknown said…
This article describes a frightening prospect for a world that depends on oil for almost every process that makes modern life possible.
23 February 2008 at 07:42:00 CET
CODama said…
Hi Steve. Thanks for visiting my blog and leaving a comment. Well that’s the real picture that our ‘friends’ the politicians are trying to paint nicer and particular one of them has the ‘b***s’ to say that no matter what, he will slice the cost of surcharge in half…
I paid a visit to your blog and I found it extremely interesting especially the little quote at the end of each entry. I will link your blog address if that’s ok with you so I’ll have an easier access
23 February 2008 at 15:06:00 CET
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