Peak Oil News
Pro4xMentor.com

 

  Login or Register
 
Menu
 News
 Search
 Topics
 Stories Archive
 Submit News
 Discussions
 Code of Conduct
 Forums
 Forums Search
 Last 24 Hours
 PO 24hrs
 Peak Blog
 Resources
 About Us
 Downloads
 Web Links
 PeakWiki
 PeakPortal
 Focus Search
 Peak TV
 Peak Gear
 Members
 Your Account
 Members List
 Ignore List
 JOIN!
 Private Messages
 
Light Sweet Crude Oil
 
google
 
PeakSpeak
NICKNAME

Download TeamSpeak
What is PeakSpeak?
Peak Oil on IRC
 
Member Quotes
Hoarding is exactly what the government is doing right now by filling the SPR, and frankly it's the best thing that could happen. It drives prices up. High prices encourage demand destruction. They also finance new well development. The hoarded oil gives us a buffer to fall back on once shortages become more prevalent. High prices are what we need in order to adapt to what's coming, and the sooner they happen, the better.

smallpoxgirl

Suggest Quote

 
Photo Album
Submit Photo
Peakoil.com is You!


member photos
 
Protests disrupting Ecuador oil flow end
Production; Extraction; ExplorationQUITO, Ecuador - Protests that led the Brazilian state oil company to halt production in the Ecuadorean jungle have ended, Ecuador's Energy Ministry said late Friday.

Officials did not say whether the company had resumed production.


In a statement, the Ministry said losses from the production freeze totaled more than $40 million, a loss of 840,000 barrels of crude.

Earlier Friday, Ecuador's state oil company announced it could not guarantee it would fulfill crude oil contracts, three weeks after Petrobras halted production in its eastern jungle concession amid protests by residents in the area demanding infrastructure improvements, including paved roads.

AP

Posted on Saturday, March 31 @ 11:37:06 PDT by Leanan
 
Related Links
· More about Production; Extraction; Exploration
· News by Leanan


Most read story about Production; Extraction; Exploration:
Does Thermal Depolymerization Solve the Problem of Peak Oil?

 
Article Rating
Average Score: 0
Votes: 0

Please take a second and vote for this article:

Excellent
Very Good
Good
Regular
Bad

 
Options

 Printer Friendly Printer Friendly

 Send to a Friend Send to a Friend

 
"Login" | Login/Create an Account | 0 comments
The comments are owned by the poster. We aren't responsible for their content.

No Comments Allowed for Anonymous, please register

Atom News FeedRSS 1.0 News FeedRSS 2.0 News FeedRSS Forums Feed