Insight and inspiration in turbulent times.
Powerless New Zealand A key assumption held by New Zealand’s Ministry of Economic Development (MED) covering the period between 2000 to 2025 is that oil prices will rise from US$20/bbl in 2000 to US$25 a barrel by 2020 and remain constant thereafter.
A rather alarming theory about oil supplies — which had been discussed mostly among fringe economists and on quirky Internet Web sites — has recently received much broader attention.
The cost of a litre of milk could be about to get dearer, as dairy processors are hit by high world oil prices
Bush will enter his second term with a flimsy mandate. He will preside over the global oil production peak and the widespread instabilities it will initiate, including ever-widening jihad. There is every indication that the US economy — based on continual suburban development — will crater under the circumstances of the next four years.
Libya is “the central exploration and production buzz for 2005” among international oil companies looking for access to potentially giant oil and gas fields, said energy analyst Catherine Hunter in a report drafted for the World Markets Research Centre, part of the London-based Global Insight group of companies.
Libya intended to abolish $5 billion (about R30.4 billion) worth of subsidies on electricity, fuel and basic food in a major move to liberalise its economy, Prime Minister Shukri Ghanem said on Monday.
Millions more households are facing higher fuel bills this winter after Powergen, the UK’s second biggest energy supplier, said it was raising gas and electricity prices.
Don’t go down the same route as Germany or you could bitterly regret the devastating effects on the English countryside and its communities. That is the stark message from Germany’s leading protester against windfarms.
Canadian Natural Resources says high prices for steel, fuel and labour could boost the cost of the first phase of its Horizon oil sands project in northern Alberta by nearly 35 per cent — to $6.6-billion.
Russia will sign an agreement in December to receive spent nuclear fuel from Iran, ITAR-TASS news agency reported.
These true believers subscribe to a fantastical theology concocted in the l9th century by a couple of immigrant preachers who took disparate passages from the Bible and wove them into a narrative millions of people believe to be literally true.
The observers said they had less access to polls than in Kazakhstan, that the electronic voting had fewer fail-safes than in Venezuela, that the ballots were not so simple as in the Republic of Georgia and that no other country had such a complex national election system.
