OPEC president Chakib Khelil believes that the already staggering price for a barrel of oil could continue to rise. Citing the low value of the U.S. dollar, Khelil says that investors are likely to continue to place their bets on oil, a necessary commodity. With current prices hovering around $120 per barrel of dino-juice, the sixty percent increase mentioned by OPEC's leading man would place the going-rate darn near $200 a barrel.
Drivers of the much-maligned Reva G Wiz, the all-electric quadricycle, have reason to smile this morning as they pass by filling stations with long queues and rationed supplies. The reason for the mayhem can be traced directly to an upcoming two-day walk out by 1,200 employees at Britain's third largest refinery at Grangemouth. Ineos, the refinery owner, has made changes to its worker's pension arrangement which would appear to be unacceptable to the Unite union and negotiations have failed to h