The Independant, 30 April 2008
When this wave of higher oil prices subsides, is it going to be business as usual? After the oil shocks of the 1970s and early 1980s, the oil price came back down and we went pretty much back to our bad old ways. But this time it feels different.
The Independent, 30 April 2008
The price of power and who foots the bill for Britain's rocketing energy costs took centre stage yesterday as the oil giants Shell and BP unveiled huge combined profits of £7.2bn, made in just three months, and consumers were hit with a new round of steep rises in prices from gas and electricity to air travel.
Boston Globe, 27 April 2008
Driven mainly by anxiety over oil and natural resources, countries are building their arsenals of conventional weapons at a rate not seen in decades, beefing up their armies and navies, and forging potential new alliances that could divide up the world in unpredictable ways.
The Guardian, 30 April 2008
Gordon Brown stepped into a growing row about oil company profits yesterday, calling on BP and Shell to spend more of their combined £7bn first-quarter earnings on activity in the North Sea. The [UK] prime minister's comments came as lorry drivers took a protest on the soaring cost of petrol to central London, while other motoring organisations and environmentalists accused the oil industry of profiteering at the expense of car drive
Financial Times, 28 April 2008
Opec’s president on Monday warned oil prices could hit $200 a barrel and there would be little the cartel could do to help. The comments made by Chakib Khelil, Algeria’s energy minister, came as oil prices hit a historic peak close to $120 a barrel, putting further pressure on global economies.
San Francisco Chronicle, 28 April 2008
While gas prices at or near $4 a gallon have persuaded some Bay Area motorists to take public transit, join carpools or curse the oil companies, the high cost of fuel has moved few drivers to practice a proven gas-saver – driving slower.
Reuters, 28 April 2008
The surge in China's gasoline and diesel imports this year has given an unexpected fillip to world oil prices, but that extra demand may vanish this autumn as Beijing unwinds a series of pre-Olympic measures.
Forbes, 5 March 2008
Oil at $100 a barrel is a wakeup call for investors and politicians alike. You can't blame ExxonMobil for making $11 billion quarterly. Prices are set by the futures market, not in boardrooms or coffee houses in Riyadh.
The Emergency Ride Home (ERH) program provides commuters who regularly vanpool, carpool, bike, walk or take transit with a reliable ride home when life’s unexpected emergencies arise. Concerns about immediate transportation, in the event of an emergency or schedule conflict, often hinders commuters from using an alternative to driving alone. http://www.blueridgecommute.org/emergency-ride-home-program.html
Greenhouse gas emissions from cars and trucks are currently growing so fast that national emission reduction targets will be impossible to achieve; biofuels are causing hunger and deforestation for little or no benefit; and new motorways make carbon pricing more painful for vulnerable households. These are just some of the warnings contained in a new report submitted to the Garnaut Climate Change Review.