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BP likely rich enough to survive cost of spill
NEW YORK — BP is probably sturdy enough to survive the worst oil spill in U.S. history. But investors are shaving billions of dollars off its value with every day that crude gushes into the Gulf of Mexico. On Tuesday … Continue reading
Heavy Oil: a likely stop before the end of Oil
By GIUSEPPE MARCONI for OIL-PRICE.NET, 2007/12/14 Lately much has been written about the coming oil crisis. Oil is hovering at a production value of near $100 a barrel,and there are conflicting reports about the size of the reservoirs left for … Continue reading