Crude continues to close above the $80.00 a barrel due to the closing of refineries...
The crude price closed session in New York Mercantile Exchange yersterday very close to the historic record price reached of $80.20 a barrel .
this time due to the closing of three refineries in Texas because of Tropical Depressions .
OPEP in its last meeting decided to increase production in more than a year of the black gold to more 500 barrels per day due to fears that the
world economy will become more fragile.
The only solution to this ever continuing energy problem is to find alternative resorces to gradually replace crude...
SOUTH AFRICA SPRINGBOKS
South Africa laid the groundwork with traditional Springbok rugby and finished an out-gunned England side off with two late tries to win ...
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Ending November we saw a decline in the Crude price as oil fell below $90 a barrel in the biggest weekly loss in two and a half years on con... -
WorldWatch has received yet another warning in that the world has reached the point of maximum oil output and production levels will halve b...
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As can be seen on some post of this blog the CEO of Galp Energia is worried at the amount of money the company looses due to various reason...
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