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In 2005, then-leader of the Conservative Party, David Cameron, made a bold pledge. That’s to take strong action on the environment. He promised to make
Talk about Levels! Current levels of the greenhouse gases carbon dioxide (CO2) and methane in the atmosphere are higher now. I mean than at any
Why are gasoline prices so high?
Source: US Department of Energy
Even before the storm, gasoline and diesel prices were high as a result of tight crude oil supplies and increased global demand for transportation fuels.
•OPEC production decisions will continue to influence the oil market situation.
•Low surplus production capacity of 2 to 3 million barrels per day, concentrated in Saudi Arabia, weakens the market’s ability to respond to supply disruptions.
•Oil prices likely to remain high at least through 2009. •Many uncertainties could alter the outlook and create volatility in global oil markets.
