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$97.07

Plugs and Cars

As the price per barrel goes beyond $97, one story in the NY Times reports : •Bombing in Afghanistan kills 64. Domestic oil inventory to fall. Oil platforms evacuated. Severe weather shuts Mexican ports, disrupts oil supply to US. Tags: petroleum oil price per barrel. Attack on pipeline in Yemen.

Yemen 100
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Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

Skalny, Director, US Army TARDEC shared the following insights on fuel usage within the Department of Defense (DOD): Every $10/barrel increase in oil prices adds $1.3 Fuel becomes very expensive by the time it reaches the front line, ranging from $20/gallon up to $600/gallon when it is delivered by helicopter in Afghanistan.

Congress 150
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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

The Saudi decision to let the market set prices and to pursue market share, has led to steep declines in crude and petroleum product prices. The decision also has impacted natural gas export prices negatively, since, for Russia's long-term supply agreements, they wholly or partially are indexed to oil prices.

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