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US oil companies waning influence - is it good or bad ?
Clipped to the Drawing Board by John Chadwick  
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.
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Powered by JoomlaCommentCopyright (C) 2006 Frantisek Hliva. All rights reserved.Homepage: http://cavo.co.nr/
Tuesday 17 July, 2007 09:41 AM
 
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"A good scientist is a person with original ideas. A good engineer is a person who makes a design that works with as few original ideas as possible" - Freeman Dyson