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Tag archive for ‘Oil Industry’

The Challenges of Energy Part II: Petroleum & Ecology issues

The Challenges of Energy Part II: Petroleum & Ecology issues

In the second part of my series on energy issues - today I want to talk about oil, Texas tea, black gold. For most of us, we see “oil” when we gas our cars - cursing I’m sure at the high price of gasoline. However, oil is must more ubiquitous than just gasoline. Oil and [...]

Oil Execs Defend current prices in Senate Testimony

Washington, D.C. (rightcommentary.com): Senators told oil executives Wednesday that high oil prices cannot be explained by supply and demand and the oil industry’s concentration — and OPEC price collusion — is contributing to the costs facing consumers.
Executives of the five largest oil companies were appearing before the Senate Judiciary Committee.
Committee Chairman Patrick Leahy, D-Vt., said [...]