Update [2006-6-24 12:31:53 by Leanan]: The Watt crunches the numbers from the recent BP and EIA reports: For Most, The Future Is Overrated. Lots of rather sobering graphs.

Gazprom: Gas deal review may cause crisis

MOSCOW - A pledge by the woman likely to become Ukraine's next prime minister to review a gas supply deal could re-ignite a feud with Moscow that temporarily disrupted supplies to Europe, Russia's state-controlled natural gas monopoly warned.

Drilling Firm Seeks Favor as Expatriate

WASHINGTON, June 22 — The language in the House measure seems innocuous enough. Tucked into the Coast Guard budget bill, it says merely that Section 608 ( c ) (1) "is amended by striking the second sentence."

But what that language would do is allow one company, Nabors Industries, to gain permanent access to business open only to American companies. The language is needed because Nabors, a big oil drilling company, moved its tax headquarters to Bermuda and its legal headquarters to Barbados in 2001 to avoid American taxes.