Financial Times FT.com

Over a barrel

By Ed Crooks

Published: December 21 2008 21:10 | Last updated: December 21 2008 21:10

The plunging oil price is like a dangerously addictive painkiller: short-term relief is being provided at a cost of serious long-term harm.

AT A GLANCE:

Oil price at which fuel sources become economically viable. Click to see graphic

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