Energy

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OPEC Gets Greedy

The IEA Governing Board warned yesterday that the world’s oil supply is too low to bring prices down on any consistent basis. It “expressed serious concern that there are growing signs that the rise…

Douglas A. McIntyre · 15 years ago

International Energy Agency Alarmed By High Oil Price

Today’s IEA statement: The IEA Governing Board, at its regular quarterly meeting on 18-19 May, examined oil market developments and their impact on the global economy. Despite a near-10% correction since 5 May, oil…

Douglas A. McIntyre · 15 years ago

The $4 Gas Disaster: Public Transportation Rises

AAA Gas Gauge: $3.962 Prices began to inch higher as flood waters in the center of the country and in the Mississippi raised concerns about supply. Crude also rebounded toward $105, after a sharp…

Douglas A. McIntyre · 15 years ago

Renewable Sources Will Rule The Energy World In 2050

The Intergovernmental Panel On Climate Change, a program supported by the UN, has released its new forecast for the use of renewal energy in 2050. It has hardly worth reading except that it shows…

Douglas A. McIntyre · 15 years ago