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Monthly Archives: October 2009
Inflation fears drive dollar dip
Fears of inflation and large U.S. budget deficits drove the dollar on Wednesday to its weakest level since August 2008 and helped push oil prices to their highest in more than a year.
Original post by Steven Mufson
Posted in Uncategorized Comments closed
Oil Prices Up, but Future Direction Is Murky
Crude oil prices climbed to $77.58 a barrel Thursday, driven by the weakening of the U.S. dollar and rising optimism about prospects for a global economic recovery.
Original post by Steven Mufson
Posted in Uncategorized Comments closed
Mount Rainier Residents Turn to Corn as a ‘Greener’ Fuel Alternative
Sat Jiwan Ikle-Khalsa and some of his eco-conscious friends in northern Prince George’s County were concerned about the effect of greenhouse emissions on the environment, so they erected a granary to provide corn fuel as a home-heating alternative to natural gas, oil or electric heat.
Original post by Avis Thomas-Lester
Posted in Uncategorized Comments closed
Book Review: ‘Crude World: The Violent Twilight of Oil’ by Peter Maass
Peter Maass takes readers on a vivid tour of troubled oil frontiers like Russia, Nigeria and Ecuador in “Crude World.”
Original post by Steven Mufson
Posted in Uncategorized Comments closed
Oil firms’ profits keep dropping as recession shrinks demand for energy