And on May 22, the price of crude oil zoomed to an astronomical $135.09.
'A new problem with Iran, a major hurricane, an Al Qaeda attack, a failed platform and so on. . . We seem to have forgotten that, right now, there are no major crises in major oil producing regions that are not already priced into the market.'
'If we were to get one now, $135 per barrel could seem like the good old days.'
Image: Activists from India's Trinamool Congress Party (TMC) carry a plastic cooking gas cylinder as they take part in a demonstration in Kolkata. | Photograph: Deshakalyan Chowdhury/AFP/Getty Images
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