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Friday, May 23, 2008

What happens if price of oil hits $200 a barrel?

This is an interesting question. While the $200 may sound an alarm, I feel that it will potentially change the automobile game. All the renewable energy based projects would become viable and would increase investments in that area and the stock prices of organizations working in that area. It may also reduce business travel and may lead to more people working from home.

Adaptation seems to be name of the game and I'm sure all of us will adapt to the increasing prices in different ways

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