Obama energy watch – Jan 28

Nate Hagens on BBC Regarding Obama Energy Policy
Geography Is Dividing Democrats Over Energy
Obama: U.S. done ‘dragging heels’ on climate
Obama’s Energy Policy Announcement
Directive from the Obama Administration on fuel efficiency is creating alarm among automakers
Obama Orders Fuel Efficiency

Cheap oil: a poisoned gift

Oil price in July 2008 reached a staggering $147 a barrel, having doubled in price over the previous 12 months. Who would have thought, that within half a year, a dramatic oil-price freefall would bring oil to a 5-year low of $35 a barrel – a price drop of 76%.

However, even though many have sighed in relief, experts are heralding new dramatic spikes in oil prices.