On May 5, 2008, the world’s most prestigious investment bank Goldman Sachs Crude have made an assumption out of their analysis that oil price may rise up to $200 a barrel within two years as growth in supply fails to keep pace with increased demand from developing nations. “The possibility of $150-$200 per barrel seems increasingly likely over the next six-24 months, though predicting the ultimate peak in oil prices as well as the remaining duration of the upcycle remains a major uncertainty,” the Goldman analysts wrote in the report. This is the news that has been circulating all throughout the Internet and the tri-media. Everybody is affected even those who don’t own a car. Now, what would you do? Would you like to learn how to run car on water or have you thought of something else?
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