Hitting 120 in 2008!
Apr. 15th, 2008 by Al 
As you guys can see in recent weeks, the oil spike up to more than 110USD per barrel and to go to 120USD this year will not be much of a shock to most of us.Though I’m not a motorist in the small island I’m living, the high oil price will definitely cause a dent in my pockets in public transport like bus and train rides.
Please understand that Singapore is not Dubai that’s sitting on Oil reserves but is an importer of energy , maybe that’s why I’m worried about this precious resources dwindling and I’m not really a subscriber that oil is abiotic that grows like oil palm trees like my neighbouring country does.
Like any other big cities worldwide that are used to the conveniences of Oil economy , the power down will not just be going back to using candles and cycling, the effects will be more catastophic as the dismantling of the crude society starts to commence.The best bet when the time comes, it will be in stages rather than sudden shocks to the industrialised world
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