Oil Prices, Industry News & Job Information
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IEA Sees India's Oil Demand Rising to 10 MMbopd by 2040.
India's oil consumption is set to reach 10 million barrels per day by 2040 due to strong growth in domestic energy demand, the International Energy Agency says in a report. Oil & gas update.
OPEC Rivals Become Unwitting Allies in Push for Oil-Market Share.
Almost by accident, OPEC adversaries Saudi Arabia and Iran are about to work as a team. Oil & gas update.
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What Makes Gasoline Prices Go up and Down?
The bloodline of America is gasoline and with the price ever fluctuating it is hard to keep track of the cost of this valued commodity. In this tough economic climate gasoline has increased in value up to 50 percent, when you take into account the ever increasing cost of living this can become a reasonable slice of one's income.
Read more 29th Oct, 2012
Oil Reserve Depletion & The Introduction Of Biofuels
Within this century it is assumed and predicted for a long time that our oil reserves will be completely depleted. Although present estimates indicate that the future consumption of petroleum in America may actually drop and possibly even decrease in yearly consumption. Have biofuels been the catalyst for this oil reduction? Many European countries have made a changed from petroleum based products to biofuels.
Read more 17th Aug, 2007
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