Enlightened
July 18th, 2008, 11:45 AM
SINGAPORE (AP) Oil climbed back above $130 a barrel Friday in Asia as news of an output cut in Nigeria helped to halt the steady decline in prices that began three days ago.
Eni SpA said Thursday that it had shut down pipelines carrying 47,000 barrels of oil a day after a "sudden drop of pressure."
A Nigerian military official said an explosion had damaged an Eni pipeline in the country's oil-rich south early Thursday, although he didn't know how severely.
A loss of 47,000 barrels a day is enough to affect oil prices? C'mon, that's like spitting in the ocean. The U.S. uses 20 million barrels a day!
I've had it with these phony oil prices. Let's get onto nuclear power, wind, solar, hybrid cars, etc. Enough is enough.
Americans can save 47,000 barrels a day without hardly changing their lifestyle. I would guess if 1 million drivers inflated their tires to the proper air pressure we could realize this savings.
Eni SpA said Thursday that it had shut down pipelines carrying 47,000 barrels of oil a day after a "sudden drop of pressure."
A Nigerian military official said an explosion had damaged an Eni pipeline in the country's oil-rich south early Thursday, although he didn't know how severely.
A loss of 47,000 barrels a day is enough to affect oil prices? C'mon, that's like spitting in the ocean. The U.S. uses 20 million barrels a day!
I've had it with these phony oil prices. Let's get onto nuclear power, wind, solar, hybrid cars, etc. Enough is enough.
Americans can save 47,000 barrels a day without hardly changing their lifestyle. I would guess if 1 million drivers inflated their tires to the proper air pressure we could realize this savings.