Most of the oil supply increases in recent years has come from high-cost production, Badri said, in a reference to supply sources such as USA shale oil. OPEC's higher production levels would keep oil prices depressed and foster a sign of worry for its members' budgets. While the agency believes world energy demand will grow by almost one-third between 2013 to 2040 (due entirely to developing countries) and that an "energy transition" leaning towards renewables is already underway, it ...
That compares with a record $179bn of jetliner transactions announced at the last show in 2013. The order, which was already listed on Boeing's books under an undisclosed client, was the only large plane purchase to be announced since the show opened Sunday.
The probe has been running discretely for months but has clearly shifted to a higher gear after Inside Climate News revealed in September that Exxon had developed a brain trust in the early 1980s to evaluate the dire implications of climate change for the company, only to switch tack later and lobby hard to head off curbs on C02 emissions.
Most likely, prices will continue to be impacted by other factors, chiefly the slowdown in US tight oil growth, rising global demand, a return of geopolitical risk due to escalating hostilities in Syria, and the flare-up of conflicts elsewhere in the Middle East.
Following the completion of the sale, the chief accounting officer now owns 1,415 shares of the company's stock, valued at approximately $164,224.90. With rival Priceline Group building up its vacation rental inventory and Airbnb aggressively expanding across the globe, acquiring HomeAway was the best way for Expedia to play in the red-hot home rental market.
This, they say, allows for companies to speed up the process, hide violations, and, ultimately, compromise the food supply. The video was shot earlier this year by the animal rights group Compassion Over Killing.