Energy Crisis Sunday
Here's a few stories for you...
Gulf Oil States Struggle to Boost Output
Abu Dhabi: Gulf oil producers are struggling to expand their spare crude output capacity to meet surging global demand and their plans are blocked by manpower shortages, security factors and their ageing oil reservoirs, according to the World Bank.
Global Warming Could Slam Food Supply
Suppose the dinner on your table last night had cost 20 times what it did? Or 50 times as much? Scientist say global warming very likely has something like that in store in the coming decades.
OPEC output drops slightly
CRUDE-OIL production by members of the Organization of Petroleum Exporting Countries declined 0.8 percent in July, a Bloomberg News survey showed.
OPEC oil output fell an average 250,000 barrels a day to 29.61 million, according to the survey of oil companies, producers and analysts. June production was revised 60,000 barrels a day lower. OPEC's 11 members pumped 30.54 million barrels a day in October 2004, the highest since 1979
.
[XX Sean's note -- OPEC's output has been dropping month after month for at least the past few months. What the heck is going on? SAUDI ARABIA had the biggest decline -- didn't they just bring a new field online?]
Gulf Oil States Struggle to Boost Output
Abu Dhabi: Gulf oil producers are struggling to expand their spare crude output capacity to meet surging global demand and their plans are blocked by manpower shortages, security factors and their ageing oil reservoirs, according to the World Bank.
Global Warming Could Slam Food Supply
Suppose the dinner on your table last night had cost 20 times what it did? Or 50 times as much? Scientist say global warming very likely has something like that in store in the coming decades.
OPEC output drops slightly
CRUDE-OIL production by members of the Organization of Petroleum Exporting Countries declined 0.8 percent in July, a Bloomberg News survey showed.
OPEC oil output fell an average 250,000 barrels a day to 29.61 million, according to the survey of oil companies, producers and analysts. June production was revised 60,000 barrels a day lower. OPEC's 11 members pumped 30.54 million barrels a day in October 2004, the highest since 1979
.
[XX Sean's note -- OPEC's output has been dropping month after month for at least the past few months. What the heck is going on? SAUDI ARABIA had the biggest decline -- didn't they just bring a new field online?]
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posted by Sean Brodrick @ 3:32 PM
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