The high cost of oil

 11.06.2008 23:27   ireland.com

THE RISE in the price of oil, which reached a record $139 a barrel last Friday, has produced a predictable and angry response from consumers, business and politicians. Fishermen have protested in several Irish ports at soaring energy costs. In Spain, truck drivers have blocked roads. In France, fishermen have blockaded ports. And in London, lorry drivers recently carried a coffin to the doors of parliament at Westminster to dramatise the financial plight of the haulage industry.

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