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July 23, 2008 · Filed Under Fuelishness!
- The Department of the Interior’s Bureau of Land Management today published proposed regulations to establish a commercial oil shale program that could result in the addition of up to 800 billion barrels of recoverable oil from lands in the western United States.
- Oil prices tumbled by more than $3 a barrel yesterday, resuming their retreat as Monday’s rebound proved only a temporary reprieve after last week’s sharp correction.
- Demand for gasoline over the four weeks ended July 18 was 2.4 percent lower than a year earlier, averaging more than 9.3 million barrels a day.
- According to the government’s Mineral Management Service, we lost a combined total of 113 platforms to Katrina and Rita which were listed as being “destroyed†with quite a few more “damaged.†This was in addition to 457 pipelines damaged, with 101 of them being “large†pipelines. (Defined as ones which are 10″ in diameter or greater.)
- “Too often, Washington politicians treat energy policy as a false choice between finding new sources of fossil fuels or building our renewable capacity,” Noriega said. “I reject the either-or approach.”
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