Running on empty and spreading the blame
Summary from United States, from articles in English
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IF YOU listen to many elected officials and political pundits, you might think oil companies or speculators are to blame for high oil prices. (article 2)
When a consumer buys a gallon of oil, the company benefiting is more likely to be the national oil company of Saudi Arabia, Nigeria, or Venezuela rather than Chevron, Shell, or Exxon. (article 2)
The price of natural gas in continental Europe is to double in the space of a year as a result of the rise in oil prices, according to a leading consultancy. (article 1)
Such an increase would put a further squeeze on hard-pressed European consumers and businesses, and add to the upward pressure on inflation in the eurozone, which has been estimated at 4 per cent in June. (article 1)
European gas prices typically follow the price of oil with a lag of about nine months, so if the price of crude oil remains at record levels, the future price of gas can be calculated with a reasonable degree of confidence. (article 1)
In the face of skyrocketing gas prices and continued dependency on foreign oil, Republicans want to allow oil drilling in ANWR, and at least one lawmaker is arguing the wildlife refuge is misnamed. (article 4)
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Other stories about Bush, Oil and drilling:
Event tracking:
Story keywords
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Bush, Oil, drilling, offshore, Prices |
Source articles
- Europe told to expect doubled gas price (ft.com, 07/15/2008, 676 words)
- Running on empty and spreading the blame (boston.com, 07/16/2008, 691 words)
- FOXNEWS.COM HOME > BUSINESS (FOX News, 07/15/2008, 869 words)
- FOXNEWS.COM HOME > POLITICS (FOX News, 07/15/2008, 539 words)
- FOXNEWS.COM HOME > YOUR WORLD W/ NEIL CAVUTO (FOX News, 07/14/2008, 297 words)
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