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Correct. "Oil prices have moved to a higher level, and they're going to stay there," says Wyss. Expect crude to remain around $50 a barrel, while gasoline could reach $5 a gallon within the next few years. There will always be blips in both directions. A hard landing for the Chinese real estate market, for example, could stall growth and cause a sudden drop in oil prices. "People would be terrified [by such an economic slowdown]," says Jim Rogers, a prominent commodities investor. "But it wouldn't last." Politics can also create short-term volatility: trouble in Saudi Arabia...
...were staying close and for most of the game we were avoiding penalties, [but] during that stretch we went man-down a couple of times and with that team you expect them to capitalize on that,” Samuelson said. “We had just a small let-down and it really meant the game. In a tight game you just can’t mess up like that...
...applaud your recognition of Prof. Tribe’s many accomplishments and contributions to the field of law. We also admire what appears to be the chief underlying motivation of the editorial: we agree with you that double standards for faculty and students are inappropriate, and that Harvard should expect its professors to set an example...
...expect the campaigning to stop just yet, though. In a scathing report published last year entitled Principles, Profit or Just PR?, BankTrack accused many firms of failing to deliver on their lofty principles. The report highlighted the decision by nine Equator Principles banks - including ABN Amro, Italy's Banca Intesa and Citigroup - to fund BP's controversial Baku-Tbilisi-Ceyhan (BTC) pipeline, which will run through Azerbaijan, Georgia and Turkey to bring Caspian Sea oil to the West. The project, argued BankTrack, violates the Equator Principles in key areas, notably in regard to the protection of indigenous peoples...
...have no idea what to expect,” he writes...