NIGERIA - ON THE REMOVAL OF FUEL SUBSIDY

While the Federal Government has made good its decision to withdraw the fuel subsidy, it would be in the best interest of the entire Nigerian populace that the government revisits its decision and make adequate readjustments before the country erupts in utter chaos. Whatever...

Cancel Keystone

Is the force of demand for petroleum so great that people are 1) willing to risk the environment and planet on it; 2) willing to sew a zipper across the continent form north to south? Not now, anyway. " “The...

It is later than you think

Jordan Yerman’s story, “China: Dalian Oil Spill Spreads in Yellow Sea,” link below, accompanying the BP Gulf of Mexico oil disaster combine with hundreds of other oil-related manmade disasters to spark...

BP Global Catastrophe Reaches Epic Proportions by Dr Tom Termotto

And Why It Is So Difficult To Put This Genie Back In The BottleJust why has it been so difficult to put this GENIE (Oil & Gas) back into the bottle (Macondo Prospect, Gulf of Mexico)?  Or at least keep...

Taliban actions beg US to escalate war on them

Taliban aggression inside their own countries is an internal and troubling problem for free people inside and outside their locations. The US is in the Middle East as a response to al-Qaeda attacks on 9/11. We...

India: Deadly fire after oil containers at depot burst

A deadly fire has broken out in Sanganer, Jaipur, Rajasthan (India) due to explosion at a oil depot at 7:30PM local time. Five people have been reported killed and about 150 injured by now. The...

Activists Block Oil Sands Mine In Alberta

Greenpeace activists have shut down a 155,000 barrel a day operation in Shell's Albian Sands mine just north of Fort McMurray, which is located in northern Alberta, Canada. The 25 activists from Canada, the U.S. and France are trying to attract attention to the...

If Passed, Cap-and-Trade Bill Will Cost You Dearly

The Waxman-Markey cap-and-trade bill will hit consumers of petroleum fuels especially hard by dramatically increasing the costs of goods and services as noted in the graphic at right, according to two groups...

Tour Offers Writers Education in Natural Gas

During a two-day fact-finding trip this week, I learned a lot about Williams’ cutting-edge natural gas exploration and production efforts taking place in Western Colorado’s Piceance (pronounced “pee-ahnce”)...

Eastern Nepal faces petroleum shortage

Eastern Nepal is in severe shortage of Petroleum products after peroleum dealers went on a strike to against the decision to replace old oil tankers. " Nepal Oil Corporation (NOC) has decided to replace such old tankers. The entrepreneurs have halted since Sunday on the...

Calderon Admits Mexico's Oil Depletion

 "We are running out of it" President Calderon said as he referred to oil extraction in Mexico. He regretted the Congress not approving a reform that allowed private resources in the construction of...

Gobierno boliviano nacionaliza la petrolera Chaco

Source: Agencia boliviana de informacion; http://abi.bo/index.php?i=noticias_texto_paleta&j=20090123132501&l=200705030092_Una_planta_gas%EDfera_._(archivo)."Carrasco (Cochabamba), 23 ene (ABI).- El Gobierno de Evo Morales recuperó este viernes el 100 por ciento...

Danger of a fuel spill after US Airways flight 1549 crash

After US Airways Flight 1549 crashed in the Hudson River today, environmentalists are concerned about the dangers of an oil spill occuring in the river from the fuel that is located on the plane.  Oil spills...

Venezuela to keep sending free fuel to US poor

" "Chavez decided that it was a mistake," said Larry Birns, director of the Washington-based Council on Hemispheric Affairs. He said Citgo officials probably recommended the cost-saving measure to Chavez in the first place, but the impact may not have sunk in until the...

OPEC Cuts Oil Production Amid falling Oil Prices

OPEC has agreed to cut production due to rapidly falling oil prices.  Airlines and other Oil dependent companies rushed to buy call options to lock in the current prices.  A call option means buyers can...

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