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16:07, Tue 24 Oct 2006
With oil prices hitting record highs, questions are being asked as to how long the global economy can survive the rising cost of one of its most fundamental resources. Are low oil prices necessary for prosperity or will the high price of oil force economies to diversify their energy supply and address the issues of global warming? Professor Andrew Oswald is an expert on the economics of Oil and its influence on global trade and employment. Length: 16 minutes
(MP3 format, 15 MB)