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As the IEA notes "Today's oil spending cuts will dent supply—just not right now".
High oil prices are generally bad for the U.S. — oil spending goes largely to foreign producers, leaving less money for American goods and services — but if you look just at the dollars involved the terror they inspire is somewhat mysterious.
Industrial controls firm Spectris, up 133p at 1,648p, topped the FTSE 250 after an expected 8 per cent fall in pre-tax profits to £176.3m as oil spending cuts took its toll on customer spending.
* Put America back in control of our energy situation: * Cut foreign oil spending in half * Invest in energy that's made in America and creates millions of jobs for Americans.
Sure, switching to clean energy would "put Americans back in control of our energy situation" and "cut foreign oil spending"; but according to Republicans so would expanded off-shore drilling and mountain-top-removal mining.
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Nationwide, the average household using oil spent $2,298 on heat last year, compared with $724 spent by gas users and $957 spent by electricity users, according to the Energy Department.
Retorting oil shale produces shale oil, spent shale, retorting gas and water.
I'm talking, of course, about this country, or rather the world Big Oil spent big bucks creating.
Mice treated with 100 and 200 mg/kg dose of the essential oil spent more time in the central squares compared to the control group.> -wrap-foot> The data are mean ± S.E.M, n = 6, aagainst control, bagainst 50 mg/kg, cagainst 100 mg/kg, dagainst 200 mg/kg, eagainst 400 mg/kg, fagainst diazepam, *P < 0.05 and **P < 0.01.
– Iraq – Oil – Consumer spending – Tech spending.
Florida has begun a national advertising campaign to protect its fun-in-the-sun image from the sludge and stink of the oil spill — spending almost as much in June (about $9.5 million) as the state usually spends in a year.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com