The oil price is getting higher and higher. This time last year it was $66 a barrel. On 22nd May it reached $135 a barrel, jumping by 2% in just 24 hours. It seems that when the United States announced that its stocks (or as they say inventory) of oil showed that they are holding [...]
Filed under: Coal, carbon emissions, climate change, electricity, energy, fuel poverty, gas, global warming, gordon brown, microgeneration, natural gas, oil, petrol, solar energy, solar panels | Tagged: China, gas futures, gas price, Mr El-Badri, natural gas price, oil price, oil speculation, opec, what an individual can do about high energy prices | 11 Comments »