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UK Petrol Prices 'Could Soar To £2 A Litre' (12.28$/gal)

 
Anonymous Coward
User ID: 1285352
Canada
03/05/2011 12:41 PM
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UK Petrol Prices 'Could Soar To £2 A Litre' (12.28$/gal)
[link to news.sky.com]

The international development minister said, in a worst case scenario, where terrorists bombed oil tankers or Saudi reserves, the price of oil could rise to $250 dollars a barrel.

That figure would mean motorists in the UK paying around £2 a litre for petrol.

In an interview with The Times newspaper, he suggested it is possible the price of crude oil could easily top the current record price of $147 a barrel reached in July 2008.

"$200 is is on the cards if... anyone is reckless and foments unrest," said Mr Duncan.



That would be epic.
Anonymous Coward
User ID: 1285465
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03/05/2011 02:21 PM
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Re: UK Petrol Prices 'Could Soar To £2 A Litre' (12.28$/gal)
5a





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