Going up, going, Gone, Oil reaching for the 100$ !

The Oil scenario is not getting any brighter with the crude prices touching nearly 98$ and then settling at 97$. The middle east tension coupled with the Afghanistan blasts and the Yemen oil pipeline disaster is making the Oil shoot even higher.
At these current trends and with dropping crude inventories in the United states, the chances of Oil falling down seem slim, at the most one can expect the Crude prices to base the current rise at 95$.
The Pakistan tangle does not make things any brighter and the chances of a full blown war in the Middle east seem all the more likely as the bad news keeps getting worse. Lets not forget the Nukes in Pakistan. As things stand, people all over the world are jittery at the thought of these weapons falling into the wrong hands and the recent news of Militants capturing the border cities in Pakistan indicates that a showdown with the Pakistani military is imminent. Either way the tension factor in Pakistan and the middle east only seems to be going up and were that to happen, the Crude supplies would drop drastically. We all know what happens with the demand and supply song, with more demand and less supply the prices will surge up even further! It just is no longer possible to predict what will happen with the Crude prices as the entire Middle east geo politics keeps changing at the drop of the hat!

Tall,Taller and now Tallest!

Now we have a new 'Tallest' building in the world and its location is in Dubai.it seems that we are indeed reaching to the heavens.the Burj Dubai tower is now taller than the last years record holder,Taipei 101.the Burj tower is still under construction but when complete it is set to soar 141 stories over all those tiny little buildings.personally I do not see why we should build towers soaring so high but i guess beauty is indeed in the eye of the beholder.
But the one thing that we must all take precautions with is natural disasters as the tall buildings are quite prone to earthquakes,so i hope that they have taken the necessary measures In the construction.of course having such a building could be quite a prestige issue for the entire country in this case Dubai.The 141-storey Burj Dubai tower, once completed, will house residential, commercial and retail property.
It will also have consumed 39,000 tonnes of steel and will have 56 lifts travelling at 1.75 to 10 metres per second.so lets all wait for a few more months and once it is complete,the tower would in all probability be thrown open to the public and then we can all take a lift to the clouds and see what is the fuss all about!

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