http://story.news.yahoo.com/news?tmpl=story&u=/afp/20030731/bs_afp/oil_price_030731164010
This article from a day or two ago does not emphasize the high price of oil, but it gives the important info as to OPEC's price range goal ($22-$28 per barrel). As I write, Oil is well above $31 per barrel, up sharply for the day by more than a dollar. With stocks, commodities, day-to-day purchases like gasoline, I've been thinking for awhile that an important issue is not only the price range, but also the length of time that the item spends at that range. Oil seems to have been above OPEC's supposed goal for awhile now. Gas prices around here have been I'm not sure where, maybe $1.70 per gallon for 87 octane? I haven't taken a hard look recently. Natural Gas is sort of holding steady to my eye, a bit under $5 per unit. The question of course is how that will go leading up to this winter. An energy bill has been making its way through Congress and part of it apparently is a nearly $20 billion incentive or something to increase Natural Gas delivery from Alaska to the US via a pipeline, involving Exxon Mobil, Connoco PHillips and BP. This is a separate issue I think from the (apparently) failed proposal to drill for OIl in ANWR. This story doesn't mention clearly the Natural GAs Pipeline issue, but summarizes the energy bill situation: http://story.news.yahoo.com/news?tmpl=story&u=/afp/20030801/pl_afp/us_politics_energy_030801142418 I'm not sure yet as to the meaning of the ethanol-related matters. No mention of EVs of course. We wouldn't want to allow car owners more flexibility, beyond a nascient biodiesel effort and a little ethanol percentage, not to buy their fuel from the Oil companies. ------------------------ Yahoo! Groups Sponsor ---------------------~--> Free shipping on all inkjet cartridge & refill kit orders to US & Canada. Low prices up to 80% off. We have your brand: HP, Epson, Lexmark & more. http://www.c1tracking.com/l.asp?cid=5510 http://us.click.yahoo.com/GHXcIA/n.WGAA/ySSFAA/FGYolB/TM ---------------------------------------------------------------------~-> Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Biofuels list archives: http://archive.nnytech.net/ Please do NOT send Unsubscribe messages to the list address. To unsubscribe, send an email to: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
