$400 for a Gallon of Diesel vs. the Autonomous Land Robots
After the successful crisis pass in Greece, the international economy points its attention on the Indian and Chinese inflation. However, the fourth-largest crude oil buyer country of the east region of Asia, South Korea, showed up with impressing results at the end of the month.
As reported on Friday, the prices of crude oil are getting lower and lower in a very fast rhythm. Of course, everybody was waiting for this after the state in April, but this situation now has several other, unexpected, reasons too. Brent is dropping about 1.06%, WTI 1.04%.
The crude oil prices had a really bad time during the last month, from the view of the buyers. Almost $114 cost per barrel in April. The last time the prices were as high as they were in 2008. Then came another raising after the OPEC meeting. The dollar was still low and the economy not just catching up in the United States, but also in Europe there are no sunny days. But at the start of the second half of this year the IEA proposed a solution for this problem.
The Sun Creates Global Warming, The Volcanoes Global Cooling
With the global warming cycle behind us, the world of nature entered a global cooling phase. News won't hide from us the global effects of erupting volcanoes. Last spring, Eyjafjallajökull covered the Northern skies in ashes, disrupting air travel and bringing upon Europe a mild and rainy summer.