Crude prices touched a high of USD 128 before retreating to a little over USD 124 on May 16, 2008. Rising crude prices have created a lot of problems for governments and businesses around the world. Countries like India have to contend with increasing import bills and rising prices of essential commodities, partially because of high oil and gas prices. Experts have warned that oil prices might touch USD 200 making personal transportation and goods depending on oil even more expensive. However, I feel that there is a bright side Read more »
