Intoxicated by high oil prices: Political Dutch disease afflicting the Kremlin
There were two leaders in Soviet history who were strongly influenced by specific national achievements.
Federal probe cites budget cuts for BP plant blast
Years of budget reductions contributed to conditions leading up to the Mar. 23, 2005, explosion at BP America Inc.’s 460,000-b/d Texas City, Tex., refinery, which killed 15 workers and injured 180 others, the US Chemical Safety Board said Oct. 30.
Congressional panel says OPEC manipulates oil prices
The Organization of Petroleum Exporting Countries, whose members regularly call for stable oil markets, actually has been the greatest source of recent price volatility, a US congressional committee charged on Oct. 31.
WATCHING THE WORLD: China parries price claims
The Chinese are becoming defensive over claims that they are responsible for the rising cost of crude oil.
Hofmeister: US needs broad-based energy strategy
Shell Oil Co. Pres. John D. Hofmeister called for a broadly based US energy strategy that pursues every option from increased access to potential oil and gas resources to increasing energy efficiency and developing alternate fuels.
WATCHING GOVERNMENT: If Democrats win control…
An Oct. 16 letter from Independent Petroleum Association of America Pres. Barry Russell to producers who are not IPAA members did not mince words.
ExxonMobil offers Alaska development dispute resolution
ExxonMobil Corp. proposed to pay the state of Alaska $20 million and to relinquish 20,000 acres to resolve unmet obligations to develop the 106,200 acre Point Thomson Unit (PTU) gas-condensate leaseholding on Alaska’s North Slope.