(This post created using Google Docs.. cool webapp) Some interesting happenings and events in the past few days. Lets just run through a few: Last Thursday, 4 US F-15s and 2 Canadian CF-18s “intercepted” a Russian “Bear” bomber, as it cruised close to Alaskan airspace. Not a serious or threatening incident, but one that is …
Continue reading “Quick Links – Norks, Worms, and Dads turned Commander-in-Chief”
ABUJA (Rheuters) – Oil prices are very low, harming investment in the industry and something must be done to steady the market, OPEC President Edmund Daukoru said on Tuesday. That’s right folks. Now that oil prices have hit a “low” of $60, OPEC is starting to worry. Still optimistic gas prices will fall below 90c/L? …
Saw this on the Oil Drum this afternoon The original article appeared in the LA Times today. Production at Cantarell, the world’s second-largest oil complex, in the shallow gulf waters off the shore of Mexico’s southern Campeche state, averaged just over 1.8 million barrels a day in May, according to the most recent government figures. …
Continue reading “Mexicos largest oil field starts to decline?”
