Mideast Situation Effect on the Price of Oil
Dec 29, 2009 – How will the situation in the Mideast affect the price of oil and implementation plans for alternative energy? Israel has responded to rocket and artillery attacks from Gaza with air attacks. Hundreds of people have been killed. The price of oil is up $2.90 at this point early Monday morning. It seems that efforts for green energy move in line with increasing oil prices. Additionally, Israel is the location for innovation in many solar power programs as well as for installation of solar heating and solar electricity installations.
