Anonymous Coward User ID: 1285352
Canada 03/05/2011 12:41 PM Report Abusive Post Report Copyright Violation | 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.
"$200 is is on the cards if... anyone is reckless and foments unrest," said Mr Duncan.That would be epic. |
Anonymous Coward User ID: 1285465
United States 03/05/2011 02:21 PM Report Abusive Post Report Copyright Violation | Re: UK Petrol Prices 'Could Soar To £2 A Litre' (12.28$/gal) |