crude oil

WWF Ad uses hummer to spread its green message in Emirates

May 27, 2010 / No Comments

The inhabitants of Persian Gulf are habitual to squandering away earth’s natural resources, courtesy their over indulgent, ultra-luxurious lifestyle overflowing with unimaginable exorbitance that leaves a huge ecological footprint behind.

Crude Oil Recession: Oil Demand in US Drops to 2003 Levels

February 4, 2009 / No Comments

Irrespective of the reasons that have contributed to this, it is indeed heartening to see that the amount of crude oil that is being used currently in the US, has dropped to the consumption levels of 2003. According to the American Petroleum Institute, demand for oil in the U.S. in 2008 went down by 6% to 19.4m barrels/day. And while that ...

World Bank Concludes Biofuels are Cause of High Food Prices

July 16, 2008 / No Comments

It's not the high crude oil prices causing high gasoline prices that are driving up food costs. It's not the fault of the US invasion of Iraq and upsetting the oil bucket. It's not even the global warming monster that is causing food shortages, hunger among the poor, increased poverty or social unrest. It's not even the demands of the ...