Diamonds are forever...
...other carbon-based mining resources may not last quite so long.
Do any of these headlines sound familiar?
• Oil at all-time highThey were front page news back on 28th September 2004 when the price of a barrel of West Texas crude (the standard used to talk about 'the price of oil') briefly passed US$50. In 2000, during his first presidential campaign, Bush criticised the Clinton administration for shamefully "allowing" the price to skyrocket to $28 a barrel. This morning, I woke to hear it is now at US$138.54.
• Consumers demand relief from rising petrol prices
• Oil closes at another record
When will we wake up and smell the coffee?
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