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Oil prices top $60 a barrel- World Update-The Sunday...

Rated Feb 12 2007 • 1 review • economics, petroleum, energy • indiatimes.com

From the page:

"Oil prices climbed briefly above $60 a barrel on Friday for the first time since the first trading day of the year, as the unrelenting chill throughout the US led traders to believe that heating fuel demand won't be letting up anytime soon. Also boosting prices was growing tension between Iran and the US, as well as further signs that OPEC members are following through with the oil cartel's planned production cuts."

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Wild Horses Get Adopted

Rated Feb 11 2007 • 1 review • animals, news, crime • kolotv.com

Wild horses,


trained by inmates...

Nevada has the largest wild horse population of the country. This program has inmates at The Warm Springs Correctional Center in Carson City working with the animals, getting them ready for auction to individuals.

Good idea!

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Flickr Photo Download: IMG_1832

Rated Feb 10 2007 • 1 review • stumblers, cats, cute photos, awww • flickr.com

StumbleUpon's own beertje...



...playing in the snow!

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http://jackanapes.ws/ani/Alfbush.gif

Rated Feb 09 2007 • 0 reviews • humor, bush, gif • jackanapes.ws

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http://www.evolvefish.com/fish/media/B-Don%27tPray.gif

Rated Feb 08 2007 • 1 review • humor, buttons, religion • evolvefish.com

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OPEC Information - Dallas Gas Prices

Rated Feb 08 2007 • 1 review • economics, petroleum, energy • dallasgasprices.com

What is OPEC?
OPEC is an acronym for Organization of the Petroleum Exporting Countries. OPEC was formed in 1960 in Baghdad, Iraq with five founding member countries. Currently OPEC is a cartel composed of 11 oil producing countries. Current member countries include: Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela. OPEC's stated purpose is said to serve three main functions: 1) Help stabilize world oil prices 2) Ensure oil producers achieve a reasonable rate of return on production 3) Ensure a stable supply of crude oil for consumer use. OPEC has a current goal of $27 US per barrel of oil. ..."

"OPEC does not 'set' oil prices. OPEC manipulates the free market price of crude oil by setting caps on the oil production of its member countries. Twice each year, ministers from each OPEC country meet in Vienna, Austria to review the status of the international oil market and to forecast the future oil demands in order to agree upon an appropriate crude oil production level."

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Businesses want more offshore oil, natural gas - Houston...

Rated Feb 07 2007 • 1 review • economics, environment, petroleum, politics, energy • bizjournals.com

From the page:

"The Outer Continental Shelf (OCS) contains 86 billion barrels of oil and 420 trillion cubic feet of natural gas, estimates the Department of Interior's Minerals Management Service. The actual amounts may be much higher, says Stephen Allred, the department's assistant secretary for land and minerals management.

"'We have a huge inventory that we have not touched,' says Sen. Pete Domenici, R-N.M.

"'There are potentially major discoveries out there,' says J. Larry Nichols, chairman and CEO of Devon Energy Corp. in Oklahoma City, Okla.

"But there are plenty of people who oppose lifting the moratorium on coastal drilling. Sen. Jeff Bingaman, D-N.M., who chairs the Senate Energy and Natural Resources Committee, says there isn't 'the political will' to open more areas. ..."

"Sen. Ron Wyden, D-Ore., says it 'defies common sense' to open environmentally sensitive waters for drilling when much of the land that already has been leased for oil and natural gas exploration 'just sits out there idle.' ..."

"Oil drilling 'is still a dirty industry that is prone to accidents,' says Athan Manuel, director of the lands management program for the Sierra Club."

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Oregon Gas Prices Fall While Nationwide Prices Rise -...

Rated Feb 07 2007 • 1 review • economics, petroleum, energy, news • salem-news.com

From the page:

Oregon Gas Prices Fall While Nationwide Prices Rise

"The rising national average price can be attributed to a number of factors: severe winter weather in the upper Midwest and New England states is driving up demand for heating oil, crude oil is currently trading
at about $58 per barrel, and preparations are underway for the annual transition to summer grade fuels."

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