Testing, testing

Part of our work and research at the moment is helping communities and business understand some of the questions that they will need to answer in the coming year or two. Such as how does your business or service delivery cope with a $250 / barrel oil price - at which point, food, transport, plastics, construction and many other sectors get squeezed. Why's this important? Read on for interesting information from the Guardian

Alexei Miller, chairman of the Russian energy group Gazprom, raised the stakes further when he reiterated last year's estimates of $250 a barrel. "This forecast has not become reality yet, given that the [credit] crisis gained momentum and exerted a powerful impact on the global energy market. But does this mean that our forecast was unrealistic? Not at all."