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Politics : Politics for Pros- moderated

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To: Snowshoe who wrote (254515)6/15/2008 6:56:17 AM
From: skinowski  Read Replies (1) of 793668
 
With global demand pushing 90 million barrels a day, the 10 billion in ANWR would help the situation, but they are by no means the solution. Just enough to keep the world running for a few months.

The International Energy Agency Friday increased its forecast for 2008 daily global oil demand. IEA now expects daily global oil demand to increase by 2.1 million barrels to 87.8 million barrels, or an increase of 210,000 barrels per day from the group's previous estimate.

bloggingstocks.com

Interesting story in the Times - genetically modified bacteria produce an oil-like substance. This does have the ring of something which may be important in the future:

timesonline.co.uk
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