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Energy experts puzzled over oil prices; Gas prices
Topic Started: Jul 2 2008, 07:49 AM (24 Views)
Kayren
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>>>>>As crude soared to a new record, the head of the International Energy Agency declared that the world was in the grip of an "oil shock," and the president of OPEC acknowledged he could not say whether prices would flatten out or continue to soar.<<<<<<


>>>>>"We are clearly in the third oil price shock," declared Tanaka, comparing the effects to periods of soaring prices in the 1970s and 1980s.<<<<<


Full Story http://news.yahoo.com/s/ap/20080702/ap_on_re_eu/oil_congress

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