Oil Price Rise Causes Global Shift in Wealth - washingtonpost.comHigh oil prices are fueling one of the biggest transfers of wealth in history. Oil consumers are paying $4 billion to $5 billion more for crude oil every day than they did just five years ago, pumping more than $2 trillion into the coffers of oil companies and oil-producing nations this year alone. Oil Price Rise Causes Global Shift in Wealth - washingtonpost.comThe cost of not going green. (via DailyKos) ( 1 , 7 ) Oil Price Rip-Off Shifts Global WealthHigh oil prices are fueling one of the biggest transfers of wealth in history. Oil consumers are paying $4 billion to $5 billion more for crude oil every day than they did just five years ago, pumping more than $2 trillion into the coffers of oil companies and oil-producing nations this year alone. ( 3 ) Oil Price Rise Causes Global Shift in WealthHigh oil prices are fueling one of the biggest transfers of wealth in history. Oil consumers are paying $4 billion to $5 billion more for crude oil every day than they did just five years ago, pumping more than $2 trillion into the coffers of oil companies and oil-producing nations this year alone. ( 44 , 85 ) Oil Price Rise Causes Global Shift in Wealth.Iran, Russia ...Oil Price Rise Causes Global Shift in Wealth.Iran, Russia and Venezuela Feel the Benefits. High oil prices are fueling one of the biggest transfers of wealth in history. Oil consumers are paying $4 billion to $5 billion more for crude oil every day than they did just five years ago, pumping more than $2 trillion into the coffers of oil companies and oil-producing nations this year alone. ( 1 ) - 11 Nov 2007, 1:44am |
