Peak oil review - May 24 | Energy Bulletin PDF Print E-mail
Peak oil review - May 24. by Tom Whipple. 1. Oil and the Global Economy The European debt crisis continued to exert the most pressure on oil prices last week with the Euro falling as low as $1.21, a four year low, ... The realization is growing that if the leak does not stop soon the Gulf seafood industry could be damaged for years as could the Gulf tourism industry. Some are saying that the ultimate liability for the spill could run into the $10s of billions. ...
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