Money to burn

It might be worth investing in a solar powered car if, as one analyst predicts, oil prices are set to soar to over $100 a barrel by Christmas.

But [Texan oil analyst Matt] Simmons believes surging demand will keep prices bubbling well above $50. 'We could be at $100 by this winter. We have the biggest risk we have ever had of demand exceeding supply. We are now just about to face up to the biggest crisis we have ever had,' he said.

Technorati tag: Oil, Peak Oil