Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, February 21, 2012

Blame Iran and China for Rising Gas Prices

Blame Iran and China for Rising Gas Prices

John Dobosz, Forbes
Iran's Oil Ministry on Sunday announced the suspension of crude oil sales to companies from the U.K and France as the Islamic state responds to a European Union embargo set to take effect July 1.  France's Total and Britain's BP had already ceased purchasing Iranian oil prior to the announcement, so the impact on supply and demand may be tiny. . .

No comments:

Post a Comment