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The Drawing Board - Engineering with Attitude

US oil companies waning influence - is it good or bad ?
 
16/07/2007 - Though the US is still the world's leading oil consumer, its might in the global petroleum business is dwindling.

Developing countries are locking up a bigger share of the world's oil and gas resources to profit from high prices and fuel industrial growth. Some experts view the shift as an emerging threat to the US economy, while others see benefits for consumers, saying an expanding list of suppliers diminishes the impact of any single disruption.
Tuesday 17 July, 2007 10:41 AM
 
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