All Posts Tagged With: "getting off oil"
With Oil Nearing $130, Kicking the “Oil Addiction” Looks Like the Sole U.S. Hope
Oil prices set a new record just shy of the $130 a barrel level yesterday (Tuesday), despite a concerted - though probably futile - effort by the U.S. government to rein in the runaway commodity.
Crude oil for June delivery reached $129.331 per…
21May2008 | Money Morning | 0 comments | ContinuedBig Oil Digs Deep to Solve a Growing Problem: Where Will Tomorrow’s Oil Come From?
The Kingdom of Saudi Arabia is the world’s leading petroleum exporter. Officially, it has reserves of about 260 billion barrels of crude oil - approximately 24% of the world’s total proven petroleum reserves.
But Saudi Arabia has a problem. And it’s…
24Apr2008 | Money Morning | 0 comments | ContinuedPeak Oil: From Pemex to Petrobras
Oil and Energy
Mexico is struggling with a very important question about its future. Does the country want to be Brazil or Venezuela?
On the one hand, you have authoritarian rule and government-controlled natural resources. On the other, you have a liberalization…
3Apr2008 | Stephanie Grimmett | 0 comments | Continued
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