Expensive oil could be a beneficial incentive 2 Articles

1 of 2

by Pete Geddes

Last week the price of a barrel of oil hit $100. This raised fears of an economic slowdown akin to the one in the 1970s when oil prices quadrupled almost overnight. That shock was largely responsible for the worst decade o...read more

by Simon Keeble

Ecuadorian President Rafael Correa wants to leave one billion barrels of crude oil untapped in his country's most important oil producing area - the Ishpingo Tambococha Tiputini (ITT) oil fields, located in Yasuni Nationa...read more