Energy & Fuel

"'Crude,' the Film, Explores Oil Giants' Crude Conduct in Ecuador"

"The acclaimed documentary film 'Crude,' which details the 16-year struggle of indigenous peoples in Ecuador's Amazon to hold Chevron legally accountable for contamination of a huge rainforest area, opens in Washington, DC on Friday during intense scrutiny of a $27 billion liability lawsuit against the oil giant."

Source: ENS, 10/23/2009

"$70 a Barrel: A New Floor for the Oil Industry?"

"After years of volatility, oil prices have found a level that seems to satisfy producing nations, oil companies and major consumers. But in the wake of the economic crisis and the collapse in demand, a new reality has also set across the petroleum industry. Today’s price of around $70 a barrel is increasingly viewed as a new floor for the industry."

Source: NYTimes, 10/20/2009


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