oilreservesOPECshalegasSouthStreamAn interview with Chairman of the Board of the Union of Oil and Gas Producers of Russia Yuri Shafranik is presented. Topics discussed include the political aspect and challenges of the commission for the North Steam oil pipeline, the possibility of the shut down ...
subsequent occupation of much of Afghanistan was one of several factors that contributed to the collapse of the Soviet Union, although the country never went bankrupt.For years, Republicans have credited President Reagan with bringing an end to the Soviet Union by his aggressive increase in U.S....
1. What does President Bush think of tapping oil in ANWR ? A)It will exhaust the nation’s oil reserves. B)It will help secure the future of ANWR. C)It will help reduce the nation’s oil imports. D)It will increase America’s energy consumption. 2. We learn from...
ClearView Energy Partners speculated in an analysis report on April 3, “The Ministry of Energy may have decided that it does not want to risk boosting oil prices. Any new demand, whether from the government or private sector, will put upward pressure on oil prices, and it is clearly not ...
have been for nearly 40 years. One ounce of gold is approximately worth 16 barrels of oil and 0.17 tonnes of copper. In order to reach extreme status in relation to oil and copper, gold would have to reach $2,890 an ounce and $2,100 an ounce, respectively, according to Deutsche Bank...
It is widely held that a growing economy requires a growing money stock because economic growth increases demand for money. Many economists also believe that failing to accommodate the increase in the demand for money leads to a decline in consumer price
If there is an acceleration of inflation, the Fed can pause rate cuts for more wait-and-see. And if incoming data before the November meeting go in that direction, wait-and-see would be a prudent thing to do. And if wait-and-see doesn’t work...
As demand for power and fuel grows steadily in the coming decades,we must consider every possible energy source on hand if we're to meet the world's needs.And because clean natural gas is found in great plenty,there is little doubt that it will play a major role on the world energy st...
President Ahmadinejad has been pro posing a big cut in that subsidy. His argument is that it should be replaced with cash handouts to the most needy. But the Iranian parliament is worried that Mr Ahmadinejad"s proposal could increase inflation to an annual figure of up to 50%. So members ...
The United States, in fact, is both an importer and an exporter of crude oil, importing about 6.28 million barrels a day from other countries, while at the same time exporting about 3.58 million barrels a day (as of 2022), according to the U.S. Energy Information Administration.3 ...