TITLE

GASOLINE RISES AND BUSH IGNORES OFFSHORE OIL

AUTHOR(S)
Robinson, Simon
PUB. DATE
May 2006
SOURCE
ICIS Chemical Business;5/1/2006, Vol. 1 Issue 17, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the launch of a wide-ranging and detailed plan by U.S. President George W. Bush to confront the energy crisis. He announced a multi-agency investigation of possible price fixing. He also called for more use of and additional research in bio-based ethanol. According to the Energy Department estimates, the coastal shelf regions hold about 86bn bbls of oil and some 420 trillion cubic feet of natural gas, enough to meet total U.S. oil and gas needs for 10 and 18 years, respectively.
ACCESSION #
20864663

 

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