The Big Thirst

The New York Times takes a long look at tensions around the future of oil–a future in which China looks to play an ever more influential role: China, India and the Middle East are in the midst of exceptional economic booms...

Elaine Kurtenbach: Petroleum Demand to Rise 10 Percent

From AP, via WTOP Radio: China’s total demand for petroleum is forecast to rise about 10 percent in 2005 to 2.5 billion barrels, state media reported Tuesday… But with the economy growing at a rate of more than 9 percent a year, growth in oil consumption is outpacing increases in demand. And output at many […]

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