Reuters, 18 April 2011
British oil explorer Desire Petroleum (DES.L) said it had not found oil at its latest well in the Falkland Islands and would need further funds for future drilling, wiping over half the value off its shares.
USA Today, 17 April 2011
As gas prices continue to rise, we're starting to find isolated instances of stations charging US $5 for a gallon of regular.
Reuters, 18 April 2011
High oil prices represent a potentially major burden for importers with global economic recovery still fragile, leading OPEC ministers said on Monday.
Vancouver Sun, 17 April 2011
The planet is running out of oil and heading toward a future that could trap Canada in a violent spiral of decline in the economy and the environment, a special research unit within the Canadian military is predicting.
Business Insider, 18 April 2011
Cosmic Log, 18 April 2011
One year ago this week, an oil-rig explosion in the Gulf of Mexico touched off a deep-sea leak amounting to 2.5 million gallons of Louisiana light crude every day for months. In all, nearly 207 million gallons (4.9 million barrels) of oil are thought to have gushed from the leak, along with huge volumes of methane. So what's happened to all those petrochemic
Jeremy Bentham, Vice President Global Business Environment, Shell to present to CEDA on May 30.
This is a public event and will be held at the Perth Convention and Exhibition Centre from 12.00pm to 2.00pm. Supported by CEDA Member Allens Arthur Robinson.
282. Hon LYNN MacLAREN to the minister representing the Minister for Transport:
(1) Is the minister aware that the International Energy Agency has stated that production of conventional crude oil peaked in 2006?
Online Opinion, 14 April 2011
Australians will inevitably have to face the reality of higher fuel prices. Since the late 1940's when war-time fuel rationing ended and most people began driving cars, we have come to think of cheap abundant fuel as a right. Governments' policies have reduced fuel taxes far below real costs. Many of us now have a habit of driving alone in large over-powered cars (average occupancy 1.3 people and fuel consumption 11L/ 100 km). Our car fleet
New York Times, 12 April 2011
When prices for corn and soybeans surged last fall, Bill Hammitt, a farmer in the fertile hill country of western Iowa, began to see the bulldozers come out, clearing steep hillsides of trees and pastureland to make way for more acres of the state’s staple crops. Now, as spring planting begins, with the chance of drenching rains, Mr. Hammitt worries that such steep ground is at high risk for soil erosion — a farmland scourge that feels a