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 Stories About: energy AND gas prices AND oil AND oil and gas drilling AND politics AND Saudi Arabia
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Author |
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Nibbling the hand that supplies you
Saudi Arabia to host summit on high gas prices |
Joseph Romm |
24 Jun 2008 |
Gristmill |
| Since when do we deal with our addiction by going to summits hosted by drug suppliers? Yet here is the Washington Post: 'Saudi Arabian Oil Summit Hopes to Isolate Cause of Price Rise' JIDDAH, Saudi Arabia, June 21 -- Leaders from oil-producing and oil-consuming nations will meet here Sunday to try to pinpoint the reasons behind the rise in oil prices, which have doubled over the past year, and to find ways to bring them down. You cannot make this s ... |
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| Topics: climate, energy, gas prices, oil, oil and gas drilling, politics, Saudi Arabia (all these topics) |
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Put down the oil
Increasing oil production will not substitute as energy solution |
Michael Moynihan |
24 Jun 2008 |
Gristmill |
| Originally posted on the NDN Blog. Yesterday, Saudi Arabia did what everyone -- including George W. Bush on bended knee -- has been asking it to do for months: agree to increase production. Prices closed up a dollar. The Saudi move and its non-impact on the market shows just how tight supplies remain. While it was designed in large part to offset declines in Nigerian production due to rebel violence in the oil-rich, poverty-stricken Niger Delta, it might have ... |
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| Topics: energy, gas prices, oil, oil and gas drilling, politics, Saudi Arabia (all these topics) |
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©2008. Grist Magazine, Inc. All rights reserved. Gloom and doom with a sense of humor®.