Stories tagged with "employment"

Political sensitivities

Posted by Heading Out on October 28, 2005 - 11:28pm
Topic: Demand/Consumption
Tags: china, employment, peak oil [list all tags]

Courtesy of Salon I see that Chinese imports of oil are now running about 4.8% above last year at about 2.65 mbd.   The story also, relative to my previous post, includes the following:
U.S. lawmakers on Thursday urged the Bush administration to open an area of the eastern Gulf of Mexico to natural gas development, arguing that just an announcement of this new supply of gas might help stabilize or reduce natural gas prices.

But the U.S. Interior Department has told Florida it would not consider a lease sale in the area until at least 2007. Florida opposes development of the area because some of it is within 100 miles of the state's Panhandle region.

Incidentally the Chinese would like you to know that it is not their demand that is causing oil prices to go up.  
There's more… (666 words) | Comments (25) | | Permalink | Without comments | PDF version