it will be quickly forgotten in the welling summertime heat as the great masses of America groan under $5… $7… maybe $10-a-gallon gasoline prices (or maybe no gas at all) while diesel prices at $6.50 today are already destroying the trucking industry — and thus the entire system for...
THE ENVIRONMENTAL agreement between Attorney General Jerry Brown and ConocoPhillips is a clear demonstration of Brown's ability to use the threat of litigation for a public purpose. Brown persuaded the oil company to pay the state $10 million to offset greenhouse gas emissions from the expansion...
The oil is not all that compressible, but the solubility of gas in the oil does vary greatly with pressure, and thus depth. And if I understand it right, once the gas has come out of solution the oil volume shrinks, not nearly as much as the volume of gas exsolved, but significantly...
Oil may be headed for $200 a barrel and the price of everything from wheat to gold set to cause yet more ructions in world commodities markets, but for European businesses, households and governments, natural gas may be the next big headache. Like oil, the price of this fossil fuel is ...
In Jordan, however, it has forced the government into a delicate balancing act in order to preserve political and fiscal stability. Unlike most of its neighbours, Jordan does not sit on vast oil and gas riches. All the same, the kingdom has for many years offered citizens generous ...
HARTFORD -- The state's investigation into spiking gas prices expanded to petroleum wholesalers Wednesday in response to consumers smarting from recent fuel price hikes of up to 48 cents per gallon. Attorney General Richard Blumenthal said in an interview that subpoenas were being issued to stat...
Indonesia aims to slash the use of oil in its energy mix to around a fifth from half now, but the main substitutes will be gas and coal despite efforts to promote renewable sources, the country's energy minister said on Friday. The resource-rich tropical nation has been pushing the use...