Energy Prices Not Spurring Conservation
While soaring oil prices in the 1970s prompted major advances in the nation’s energy efficiency, this year’s surge in fuel costs has so far not sparked a new wave of conservation.
December 21, 2004
Chavez victory leaves questions
Trouble still lurks in the country’s massive oil sector, with industry experts warning that Venezuela needs long-overdue investment in aging oil fields.
August 26, 2004
High Gas Prices Not Stopping Motorists
When the price of gasoline surges, two things are practically guaranteed: motorists will bemoan the rising cost and, more tellingly, they’ll drive as much as ever.
“I hate it. I hate expensive gas,” Don Macklin, 71, of Kingston, Ontario, said as he pulled his Chrysler minivan into the Travelodge motel just off I-95 near Fredericksburg, Va., 400 miles away from a vacation with his wife in Myrtle Beach, S.C. “But what are you going to do? I just factor it in.”
April 10, 2004