oil n oil -the turtle way 2
A few more points to ponder upon-for the oil cos’ & energy planners
#is increased oil price going to compensate for the hard hit exchange rate.
(oil is not just a commodity-petrodollar does it ring a bell?)
#if it does not, and if the exchange rate again goes for a swing, will you again increase prices.
#if the decision is only to balance the sheets & if it does not do so,
aren’t u a toy in the game of spiral inflation?
#Have you compared your actions with world economic history, any precedence?