1

Energy experts puzzled over oil prices (AP)

A person walks by a photo of a refinery at the World Petroleum Congress in Madrid, Tuesday, July 1, 2008. Oil supplies will remain tight despite record prices and reduced demand from industrialized countries because China and other emerging economies will consume more crude to feed their booming economies, the International Energy Agency said Tuesday. (AP Photo/Victor R. Caivano)AP - As crude soared to a new record, the head of the International Energy Agency declared that the world was in the grip of an "oil shock," and the president of OPEC acknowledged he could not say whether prices would flatten out or continue to soar.


Read »
Created by chalo12 Created 14 weeks 5 days ago – Made popular 14 weeks 5 days ago
Category: Science

User login