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Business Daily - Business Daily: An Oil Spike?

Contrasting rich and poor: could surging oil prices make paupers of us all? Also the deadly cost of poor sanitation in Africa's slums, and pity the wealthy - can too much money make you miserable?

Contrasting the rich and poor today. We ask if the surging price of oil might yet make paupers of us all? Some are wondering if tensions over Iran's nuclear programme could be pushing the global fuel bill dangerously high - we hear from Mike Corley of Mercatus Energy Advisors, a man who hedges the future oil price, and Peter Newman of the Addax Group, which is looking at energy alternatives in Africa.

Also in the programme, pity the poor - our regular commentator Wycliffe Muga considers the lethal cost of bad sanitation in Nairobi - and pity the rich: can too much money make you miserable?

Jamie Traeger-Muney is the founder of The Wealth Legacy Group which helps rich parents deal with rich children, for whom money really has become no object.

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