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Chevron executive touts conservation

Houston Chronicle, 25 March 2008

The U.S. government must make conserving energy the "American thing to do" as the world's energy needs increase and fossil fuels become harder to find, a top Chevron Corp. executive said Tuesday.

Metro will be too fast to get on

Sydney Morning Herald, 31 March 2008

IT WAS the gold-plated transport ticket for a beleaguered government. But the day the Premier announced the $12 billion underground to Rouse Hill, March 18, some transport experts were left scratching their heads – the North West Metro was either an absurdly fast train, or one that did not stop for passengers.

Countdown to $??- setting the stage

European Tribune, 30 March 2008

Oil futures are contracts whereby parties commit to buy or sell oil at a pre-agreed price at a given date in the future. The graph shows at what price levels futures traded last Friday, on the first day of this year and a year ago (ie, the most recent futures indicate that markets expect prices to slowly go down from their current level above $100 per barrel to stable prices in the high 90s – and stay there for the next several years: in e

Russian Oil Output May Fall for First Time in Decade in 2008

Bloomberg, 27 March 2008

Russian oil output may fall this year for the first time in a decade as the world's second-biggest supplier struggles with rising costs and harder-to-reach fields, Natural Resources Minister

Brakes on fuel critics

Herald Sun, 25 March 2008

MOTORING organisations, including the RACV, say they will not be muzzled on fuel prices following a call by the Australian Competition and Consumer Commission to try to stop them "confusing" motorists.

RACV criticises supermarket discount coupons

Inside Retailing, 25 March 2008

The RACV has criticised the pricing tactics of supermarkets and is claiming petrol prices are distorted by the popular fuel discount docket offer. RACV government relations manager, David Cumming, has told The Herald Sun newspaper that Safeway in Victoria and Coles built in their four cent disco

Four nations in race to be first to go carbon neutral

The Independent, 30 March 2008

It's the race for the greenest of the laurels, the contest for the ultimate ecological accolade. Four countries are competing to be the first of the world's 195 nations to go entirely carbon neutral.

BA brings in hundreds of volunteers to tackle baggage mountain

The Guardian, 31 March 2008

British Airways' desperate attempt to return 15,000 lost bags to their owners saw the airline use hundreds of volunteer staff as part-time baggage handlers at Terminal 5 at the weekend and draft in IT specialists to fix the malfunctioning luggage system. The airline cancelled 37 flights in and out of Heathrow yesterday and will scrap a further 54 today and the same again tomorrow, amid continuing problems with baggage handling at the &poun

Those who control oil and water will control the world

The Guardian, 30 March 2008

History may not repeat itself, but, as Mark Twain observed, it can sometimes rhyme. The crises and conflicts of the past recur, recognisably similar even when altered by new conditions. At present, a race for the world's resources is underway that resembles the Great Game that was played in the decades leading up to the First World War. Now, as then, the most coveted prize is oil and the risk is that as the contest heats up it

Argentina’s Oil Production Hits Six-Year Low

RigZone, 28 March 2008

Argentina's oil production hit a six-year low in 2007, the country's National Institute of Statistics and Census (INDEC) reported Thursday. Oil output stood at 257 million barrels in 2007, down 2.6 percent year-on-year, the report said, adding that this was the sixth consecutive annual drop since 2002.

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