US shale oil supply shock shifts global power balance
Shale oil production adds economic value, but critics say the costs to the environment are also large A steeper-than-expected rise in US shale oil reserves is about to change the global balance of power between new and existing producers, a report says. Over the next five years, the US will account for a third of new oil supplies, according to the International Energy Agency (IEA), external. The U
Gasoline hits $3.13 a gallon average in latest U.S. survey
Gasoline hits $3.13 a gallon average in latest U.S. survey The average price of a gallon of regular gasoline across the country increased 3 cents in just the past week to $3.13 a gallon in the government's latest survey released today. It hasn't fallen below $3 a gallon since Dec. 20, the Energy Information Agency reports. The latest flare-up of domestic trouble in Egypt, which controls the Suez C
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Bloomberg - Are you a robot?
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https://www.bloomberg.com/news/2011-05-04/crude-oil-declines-a-third-day-in-new-york-after-u-s-inventories-increase.html
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