Daily Ramblings Log

December 9, 2008

Oil Declines

Filed under: consumption — Olivia @ 10:21 pm
Tags: , , , , , , , , , , , , , ,

Oil prices fell nearly 4 percent on Tuesday after the government forecast the world economic slowdown would shrink global oil consumption this year for the first time since the early 1980s.

Crude oil in New York trading fell $1.64, or 3.7 percent, to settle at $42.07 a barrel.

The Energy Information Administration said in its monthly energy outlook that it expected global oil demand to fall by 50,000 barrels a day in 2008 and 450,000 barrels a day in 2009 — marking the first time since 1983 that year-to-year world oil demand has dropped.

The lower forecast came as the agency revised its 2009 world growth estimate for gross domestic product to 0.5 percent, down from last month’s estimate of 1.8 percent. The agency estimates 2008 G.D.P. growth will end up at 2.7 percent.


September 27, 2008

Three Way Presidential Debate – Obama, McCain, and Nader

Three Way Presidential Debate – Obama, McCain, and Nader

June 4, 2008

George Green The Big Picture-An economic forecast for coming times

WHAT IS GOING ON WITH THE HOUSING MARKET, THE PRICE OF DOLLAR & GOLD, THE COMING FINANCIAL SITUATION, & THE SOLUTIONS? A “MUST READ” book for understanding how the economic fraud really affects you and what you can do about it.

May 21, 2008

The Energy Non Crisis

Lindsey Williams talks about his first hand knowledge of Alaskan oil reserves larger than any on earth. And he talks about how the oil companies and U.S. government won’t send it through the pipeline for U.S. citizens to use.

On the other hand the world needs a safe and cheap source of energy. The future of the mankind is in Nuclear Synthesis not in the oil. Within the next couples of dacades the oil will become obsolete like the coal.

March 19, 2008

Writer Arthur C. Clarke died at 90

Science fiction writer, inventor and futurist Arthur C. Clarke has died, leaving fans bereft at the loss of his brilliance and creativity. Science fiction author Arthur C. Clarke, who died Wednesday aged 90, captured the world’s imagination with his vision of the future in books.

Create a free website or blog at WordPress.com.