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We had some really great threads last year, with the following four nominated for the Thread of the Year award in this January's Environment Site Awards ceremony.

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Sheffied Energy Recovery Facility | Nanosolar breakthrough: Solar cheaper than Coal | What lessons should be learned from summer floods | Can you be a capitalist and environmentalists at the same time?

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Old 22nd-May-2008, 08:57 AM
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Oil prices surged to a record high above $135 a barrel early on Thursday, having rocketed by more than $4 a barrel on Wednesday.

US light, sweet crude for July delivery reached $135.04, taking its gain for the year so far above 40%.

BBC NEWS | Business | Oil soars to new record over $135

Getting silly now.
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Old 23rd-May-2008, 09:07 AM
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Oil prices were well off their peak of $135 a barrel on Friday as investors cashed in on five sessions of rises.

US sweet light crude surged to $135.09 on Thursday, before tumbling to close at $130.81 - the first drop in five days. London Brent also fell.

BBC NEWS | Business | Oil cools after vaulting to $135

Does make you wonder quite how much of these price issues are generated by speculators.
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Old 25th-May-2008, 10:34 PM
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Oil Speculation
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The price of crude oil today is not made according to any traditional relation of supply to demand. It's controlled by an elaborate financial market system as well as by the four major Anglo-American oil companies. As much as 60% of today's crude oil price is pure speculation driven by large trader banks and hedge funds. It has nothing to do with the convenient myths of Peak Oil. It has to do with control of oil and its price.
Last edited by Wowbagger; 25th-May-2008 at 10:38 PM.
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Old 25th-May-2008, 11:15 PM
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True [and there are too many items in the newspapers this weekend to link to on the same lines.] Too many ar**h***s making profit from a manufactured situation.Strangely I feel that this is due to the global warming Cultists and the panic they have instilled in the fuel ,food and any other market you can think off.
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Old 26th-May-2008, 09:02 AM
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George Soros: rocketing oil price is a bubble - Telegraph

Soros certainly thinks so.
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Old 4th-June-2008, 10:16 AM
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The Indian government has raised prices of petroleum products despite fears that it will worsen inflation and lead to popular protests.

Petrol, diesel and cooking gas will be dearer from Wednesday midnight, federal oil minister Murli Deora said.

BBC NEWS | World | South Asia | India forced to raise oil prices
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Old 7th-June-2008, 02:06 AM
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$11 in one day
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Old 9th-June-2008, 09:38 AM
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The cost of oil eases slightly after Friday's record-breaking price surge but analysts warn of further price escalation.

BBC NEWS | Business | Oil eases but price unrest grows
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Old 11th-June-2008, 01:46 PM
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Oil prices rose amid concerns that demand will outstrip supply, pushing crude back to record levels.

New York light, sweet crude was up $2.39 to $133.70 per barrel. In London, Brent crude rose $2.06 to $133.08.

BBC NEWS | Business | Oil rises on crude supply concern
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Old 14th-June-2008, 06:34 AM
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Oil prices have fallen because of reports that Saudi Arabia is considering boosting oil production.

US light, sweet crude fell almost $4 to $133.46 during trading in New York.

BBC NEWS | Business | Saudis mull oil supply increase
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