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Forget About Cheap Oil
Consumption; Demand; PricesBussiness Week article talks about hedge funds, OPEC, changes in Saudi Arabia. This quote pretty well sums it up:

"There's a lot more going on behind the scenes in the global oil market."
Posted on Thursday, March 04 @ 21:23:24 PST by admin
 
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Most read story about Consumption; Demand; Prices:
Forget About Cheap Oil
 
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Re: Forget About Cheap Oil (Score: 1)
by Guest on Monday, December 11 @ 17:31:06 PST
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Re: Forget About Cheap Oil (Score: 1)
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Re: Forget About Cheap Oil (Score: 1)
by Savage on Thursday, September 20 @ 02:10:19 PDT
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It sounds counterintuitive, but burning oil and planting forests to compensate is more environmentally friendly than burning biofuel. So say scientists who have calculated the difference in net emissions between using land to produce biofuel and the alternative: fuelling cars with lakewood bellhousing [www.aftermarketperformanceparts.com]with gasoline and replanting forests on the land instead.

They recommend governments steer away from biofuel and focus on reforestation and maximising the efficiency of fossil fuels instead.

The reason is that producing biofuel is not a "green process". It requires tractors and fertilisers and land, all of which means burning fossil fuels to make "green" fuel. In the case of bioethanol produced from corn – an alternative to oil – "it's essentially a zero-sums game," says Ghislaine Kieffer, programme manager for Latin America at the International Energy Agency in Paris, France

Re: Forget About Cheap Oil (Score: 1)
by MrVent on Friday, October 19 @ 01:19:41 PDT
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Anyway, good luck to your endeavors…All the best and Keep it up!!!=)

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