19.11.2008 - Falling oil prices: the last thing we need
From MSN: It may sound odd to say it, but for the long-term fuelling of the global economy the huge drop in oil prices seen since the summer is nothing short of a disaster. As economies slow, the price of crude has tumbled from a peak of $142 to under $55 in just six months. Prices at the pump have fallen more slowly, but are at least 15p a litre cheaper than in May. This has been reflected in recent news on UK inflation, which in October fell by the largest amount in 16 years..... Full Article: Source
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