Where is the price of oil going?
Recently one newspaper reported that hydrogen based fuel would be available in a few years, it would be capable of using it in existing cars and would sell for about a third of today’s oil based fuel, provided the fuel was not taxed. If you factor in the tax that all governments now place on fuel, then the new hydrogen fuel would be considerably more expensive than fossil based petrol and diesel, but the news report glossed over this aspect. Today oil is trading at just over $95 a barrel for Brent crude, and Mr Jim Rogers who co founded the… Read More »









