Venezuela Crisis Deepens, Oil Prices Soar
As the politically induced strikes continue to sweep Venezuela, oil prices jumped to a two month high, reflecting the lack of output from the world's fifth largest oil exporter. International benchmark Brent soared 86 cents to $28.07 a barrel by early afternoon in London, its highest level since October 17. U.S. crude futures jumped 64 cents to $29.08. The strikes have been spurred by a serious division among the Venezuelan people, half who are trying to force controversial president Hugo Chavez to resign, and half who staunchly support the embattled leader. Crude oil has risen by 20 percent in the past month because of the Venezuelan stoppage and the threat of a U.S. attack on Iraq.
RIB Technology Makes Stronger, Faster Boats
The business of building better Rigid Inflatable Boats (RIBs) is a serious one which utilizes and combines some of the world’s most advanced materials technologies. Comptetion in the market is stiff, as manufacturer claims and counter claims would indicate. The RIBs of today are finding themselves used for a much wider spectrum of duty than perhaps just five or 10 years ago, due in large to advances in design, performance and load carrying capabilities. Manufacturers have invested many hours and dollars to ensure that today’s RIBs are constructed of increasingly better, stronger materials that enable them to dutifully perform the rigorous duty that owners demand. A perfect example of how the use of RIBs has spread is seen in the U.S.
Rib Report
AB Inflatables Delivers For Diversity Of Applications
